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Frasers Centrepoint Trust announced its plan to sell White Sands mall for S$467 million, with the net proceeds intended for debt repayment and strengthening the trust's financial position for future growth.
Homelessness charity Centrepoint has severed its ties with Sharon Osbourne following her public support for a Tommy Robinson anti-immigration rally. The decision came after Osbourne agreed to attend the controversial march.
UK charities, including Centrepoint, are warning that a growing number of young people not in work or education is significantly contributing to an increase in unstable housing and homelessness across the country.
Frasers Property has acquired the rear block of The Centrepoint for S$391.9 million. The company already owns 51 Cuppage Road, an office building linked to The Centrepoint.
Frasers Centrepoint Trust has issued a response to a recent media report, though the specific content of the report and the trust's reaction are not detailed.