Valley Point could be the hidden gem in Frasers Property’s S$2.1 billion hospitality ‘asset-light’ proposal
Strategically, the move gives the group the master key to the entire Valley Point site
[SINGAPORE] Real estate giant Frasers Property’s strategic review, which has dragged on for well over two years, has finally culminated in a S$2.1 billion game of asset musical chairs.
Controlled by the family of Thai billionaire Charoen Sirivadhanabhakdi, the Singapore-listed property developer on Thursday (Jun 25) unveiled a “portfolio optimisation” plan that builds on its 2025 privatisation of Frasers Hospitality Trust (FHT).
Broadly, the optimisation will see FHT’s assets separated into four groups: