SG’s Frasers Property to buy 17.8% stake in PGIM Real Estate for $262.7m

Singapore. Photo by cegoh/pixabay

SGX-listed Frasers Property Limited is acquiring a 17.8 per cent stake in PGIM Real Estate Asia Retail Fund Limited (PGIM Real Estate) for about S$356.4 million ($262.7 million), according to a stock market disclosure.

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