The sale of City Towers in Bukit Timah has finally been completed at its fourth en bloc attempt and after a pair of sibling owners initially attempted to block the deal.
CHRISTOPHER Tang, 59, is stepping down as CEO of Frasers Property Singapore at the end of 2019 after 18 years with the group, it said in a bourse filing on Wednesday.
Units in Frasers Centrepoint Trust (FCT) have already surged more than 26% so far this year. But market watchers remain bullish on the retail REIT as it stands on the cusp of a re-rating.
