SGX:TQ5Real Estate
Frasers Property (SGX:TQ5) Valuation After Centrepoint Rear Block Bid Puts Full Ownership In Play
The collective sale of the rear block of The Centrepoint in Singapore’s Orchard Road, at a guide price of S$418 million, has put Frasers Property (SGX:TQ5) in focus as the leading contender for full ownership.
See our latest analysis for Frasers Property.
That Centrepoint tender has arrived against a backdrop of stronger trading in Frasers Property, with a 90 day share price return of 14.42% and a 1 year total shareholder return of 34.39% suggesting momentum has been building around the...