Frasers Property wins S$391.9 million collective sale tender for The Centrepoint rear plot

Reuters

Feb 27

Frasers Property wins S$391.9 million collective sale tender for The Centrepoint rear plot

Frasers Property Limited has been awarded the collective sale tender for the leasehold rear plot of The Centrepoint on Orchard Road for S$391.9 million, increasing its ownership in the development where it already held over 52% of the strata area. The transaction, which is subject to a court sale order or unanimous consent from all subsidiary proprietors, is expected to give the group greater flexibility to pursue long-term rejuvenation plans while the mall continues operating with about 98% occupancy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Frasers Property Limited published the original content used to generate this news brief on February 27, 2026, and is solely responsible for the information contained therein.

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