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2 clusters · 4 sources · 8 days · First seen 19 days ago · Last updated 11 days ago

Frasers Group expansion in Southeast Asia

Overview

Frasers Hospitality and Frasers Property have undertaken several strategic developments and acquisitions in Southeast Asia.

In Singapore, Frasers Hospitality launched cultural programming in the Kampong Gelam district through Frasers House, featuring initiatives such as ‘The Curator’s Table’ and ‘The Maker’s Serambi’ to connect guests with local heritage. Additionally, Frasers Property acquired Cuppage Terrace, a collection of 17 conserved Peranakan-style shophouses in the Orchard Road district, for S$175 million. This acquisition aims to “unlock synergies across adjacent sites” near the company’s flagship asset, The Centrepoint.

In Malaysia, Frasers Hospitality expanded its presence with the soft opening of Fraser Residence Putrajaya within the TERRA integrated lakeside development. The 283-key residence provides various serviced apartment categories designed for both business and leisure travelers.

Entities

Frasers House · Soon Su Lin · Cuppage Terrace · Putrajaya · Fraser Residence Putrajaya

Timeline

11 days ago

[BUSINESS] 2 sources
Frasers Property acquires Cuppage Terrace in Singapore for S$175 million
Frasers Property has acquired the Cuppage Terrace shophouse cluster in Singapore's Orchard Road area for S$175 million to enhance its presence and create synergies with adjacent assets.
19 days ago

[BUSINESS] 2 sources
Frasers Hospitality expands presence in Singapore and Malaysia
Frasers Hospitality expands its regional presence with new cultural programming at Frasers House in Singapore and the soft opening of Fraser Residence Putrajaya in Malaysia.

Sources

bitcoinethereumnews.com · thenewageparents.com · thepeak.com.my · toray.co.jp