Frasers Centrepoint Trust (FCT) is looking to acquire a one third interest in Waterway Point, a large suburban mall located in Punggol, from its sponser Frasers Property in a S$440.6 million deal, it announced on Thursday. At the same time, FCT is launching an equity fund raising exercise, S$245.3 million of whose total proceeds will go towards partly financing the acquisition. The acquisition of...
Waterway Point in Punggol will open on Jan 18, the mall confirmed on Facebook. Frasers Centrepoint Malls had announced in August that 90 per cent of the retail space in the mall has been tenanted. Waterway Point will have four levels of indoor shopping, leisure and alfresco dining spaces, with a view of Punggol Waterway. Among its key tenants are a 24-hour FairPrice Finest supermarket that will take...
The upcoming Waterway Point at Punggol has secured committed occupancy for 90 per cent of its retail space, about six months before its opening, Frasers Centrepoint Malls said on Tuesday (Aug 4). Frasers Centrepoint Malls said the 370,824 square feet (sq ft) Waterway Point will offer four levels of indoor shopping, leisure and alfresco dining spaces with a view of Punggol Waterway. Key tenants...
Punggol is rapidly developing into a major commercial and residential hub, underlined by strong interest for the new Watertown development. Over at the upcoming retail mall Waterway Point, supermarket NTUC FairPrice Finest and Shaw Theatres have signed on as anchor tenants. The FairPrice Finest outlet will occupy around 30,000 sq ft of retail space and provide a variety of quality products and...
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