Frasers Property and Sekisui House to Redevelop Leasehold Site

MT Newswires

2024-11-18

Frasers Property (SGX:TQ5) and Sekisui House (TYO:1928) will jointly develop a 999-year leasehold site of Robertson Walk and Fraser Palace Robertson Walk into a waterfront residential and lifestyle hub, according to a filing with the Singapore Exchange on Monday.

The site has a gross floor area of 30,664 square meters and is part of the government's plans for the rejuvenation of the Singapore River Planning Area.

Frasers Property has a 51% stake in the development project, while Sekisui House holds the remaining 49% stake.

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