Frasers Commercial Trust raises equity

Singapore-listed commercial property developer executes only the second major S-Reit deal of the year to fund the acquisition of an office block in Australia.

Singapore-listed Frasers Commercial Trust (FCOT) provided S-Reit investors with a rare opportunity to pick up new paper from the sector on Thursday with a S$140.1 million ($102 million) deal to fund the acquisition of an office block in Australia.

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