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Frasers Property kept at 'buy' by DBS with higher $2.30 target on PGIM stake purchase

PC Lee
PC Lee • 2 min read
Frasers Property kept at 'buy' by DBS with higher $2.30 target on PGIM stake purchase
SINGAPORE (Apr 11): Frasers Property Limited is set to become the second largest owner of retail properties in Singapore.
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SINGAPORE (Apr 11): Frasers Property Limited is set to become the second largest owner of retail properties in Singapore.

This comes after Frasers Property and Frasers Centrepoint Trust jointly acquired a controlling stake of 66.6% in PGIM Real Estate AsiaRetail Fund.

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Frasers Property Limited
Frasers Centrepoint Trust (FCT)

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