Frasers block sale nets $103m as volatility ebbs

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Frasers block sale nets $103m as volatility ebbs

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The first Singaporean real estate investment trust (Reit) to tap the equity market since Manulife US Reit pulled its S$569m ($426m) IPO this month was welcomed by investors with open arms, as Frasers Commercial Trust priced its block trade at the top.

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