Frasers Property: Frasers Centrepoint Trust Raises SGD220 million having priced placement at midpoint

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