No injection of PGIM malls for now: Frasers Property

ANALYSTS’ hope of a quick injection of five suburban malls – Tiong Bahru Plaza, White Sands, Hougang Mall, Century Square and Tampines 1 – into Frasers Centrepoint Trust (FCT), after the Reit and its sponsor, Frasers Property, spent more than S$1.3 billion to chalk up a three-quarter stake in PGIM Real Estate Asia Retail Fund, may not pan out so soon.

Source: businesstimes
No injection of PGIM malls for now: Frasers Property