Business
FCT extends Northpoint City South Wing management by a year
The automatic renewal follows the March acquisition of the mall’s South Wing. The manager of Frasers Centrepoint Trust announced on Monday…
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Northpoint
Business
FCT to draw on additional debt financing to fund Northpoint City acquisition
The acquisition of Northpoint City’s south wing may be financed either with or without the issuance of perpetual securities, said the…
Business
FCT’s private placement raises S$220 million to finance Northpoint City deal, repay debt
Frasers Centrepoint Trust (FCT) closed its upsized private placement at S$2.09 apiece, raising around S$220 million in gross proceeds with…