NEX, the biggest retail mall in the north-east region of Singapore with a net lettable area of 630,000 square feet, is fully integrated with Serangoon MRT Interchange Station and Serangoon Bus Interchange. (Picture: Mercatus Co-operative)SINGAPORE (EDGEPROP) - Mercatus Co-operative, a unit of NTUC Enterprise, is selling its 50% indirect stake in NEX, a retail mall in Northeast Singapore, to Frasers Centrepoint Trust and Frasers Property for $652.5 million.In a Jan 26 press release, Mercatus anno
Frasers Centrepoint Trust reported better operating metrics for its malls (Picture: Samuel Isaac Chua/The Edge Singapore)SINGAPORE (EDGEPROP) - Frasers Centrepoint Trust reported all round better performance for its malls. The portfolio’s committed occupancy improved 0.9%-pt q-o-q and 1.2%-pt y-o-y to 98.4% as leasing demand remains firm, FCT’s manager said. This was underpinned by improved occupancy at Changi City Point with a reconfigured food court space which is fully leased; and a 1.9%pt im
What attracted buyers to Fraser's Property Sky Eden@Bedok condo development in Bedok Town Centre?