Frasers Centrepoint kicks off S-Reit IPO

Singapore property developer launches transaction with an accelerated schedule and targets to complete bookbuild before US rate hike decision on June 15.
An office and warehouse complex in Adelaide, one of Frasers Logistics & Industrial Trust's 51 properties
An office and warehouse complex in Adelaide, one of Frasers Logistics & Industrial Trust's 51 properties

Frasers Centrepoint is pressing ahead with the initial public offering of an Australian real estate investment trust in Singapore but the timing might be less than ideal with a US interest rate hike looming next month.

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