Frasers Property to buy 17.8% stake in PGIM Real Estate Retail Fund

FRASERS Property Limited has entered into a conditional sale and purchase agreement to acquire a 17.8 per cent stake in PGIM Real Estate Asia Retail Fund Limited (PGIM Real Estate) for some S$356.4 million, subject to a dividend amount payable in respect of the sale shares for the fourth quarter of 2018. Read more at The Business Times.

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