Frasers Centrepoint Trust property in Yishun, Northpoint Shopping Centre. (Photo: REITsWeek)Frasers Centrepoint Trust property in Yishun, Northpoint Shopping Centre. (Photo: REITsWeek)

Retail REIT Frasers Centrepoint Trust (FCT) announced on 26 March that it has successfully completed the private placement tranche of its equity fund raising exercise.

The exercise is being carried out to partially fund the REIT’s acquisition of Northpoint City South Wing.

Related: Frasers Centrepoint Trust to fully own Northpoint City in SGD1.17 billion acquisition

Dear members, please login to continue reading this article.


Login or sign-up for a free 25-day trial here. Why subscribe?

By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.