Frasers Hospitality on Friday (Aug 21) announced the purchase of a serviced residence in the northeastern Chinese city of Dalian. Frasers Hospitality, which is part of Singapore's Frasers Centrepoint, said it will pay RMB481.37 million (S$100.29 million) for the 259-unit Fraser Suites Dalian that is scheduled to open in 2017. The property will be part of the mixed-use Europark Tower development...