A freehold hotel development site in the Orchard Road precinct is up for sale, for above $155 million. JLL’s Hotels & Hospitality Group and Cushman & Wakefield are joint exclusive advisers to Lucrum Capital for the sale of the site.
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.