PGIM Real Estate AsiaRetail Fund

Frasers Property plans $1.28 billion rights issue to acquire more industrial and logistics assets - THE EDGE SINGAPORE

Property

Frasers Property plans $1.28 billion rights issue to acquire more industrial and logistics assets

For each 100 existing shares held by shareholders now, they are entitled to take up 37 rights shares.

M&A

Frasers Centrepoint Trust acquires 17.1% stake in PGIM Real Estate AsiaRetail Fund for $342.5 mil

SINGAPORE (Feb 28): The manager of Frasers Centrepoint Trust (FCT) announced that its wholly-owned subsidiary, FCT Holdings (Sigma), will be acquiring a 17.13% stake in PGIM Real Estate AsiaRetail Fund for a consideration of $342.5 million.
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