(February 18 11:52) Sbr.com.sg
Submitted By:
Arianna Danganan
Case Study:
No
The 17.83% stake is equivalent to 94,013 shares.
Frasers Property has entered a conditional sale and purchase agreement to acquire a 17.83% stake in open-end private investment vehicles PGIM Real Estate AsiaRetail Fund for $356.4m, an announcement revealed.
According to the firm, Frasers Property’s subsidiary Frasers Property Crystal will purchase some 94,013 shares from a shareholder of PGIM Real Estate AsiaRetail Fund.
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