Shares & Derivatives
Frasers Commercial Trust Roared Back Into Life With News of Google In Talks For 400,000sqft of Space At Alexandra Technopark
By Investment Income for Life  •  January 19, 2019
Fraser Commercial Trust("FCT") bounced back strongly this week with news that Google is on an expansion drive in Singapore and in talks with Fraser Commercial Trust for 400,000sqft of space at Alexandra Technopark. Its unit price which used to hover around S$1.36 to S$1.40 for the past 2 months shot up yesterday and even hit S$1.48 at its highest point for the week. It eventually closed off at S$1.45 as at 18 Jan 2019, Friday. Completion of AEI at Alexandra Technopark and Google Expansion into Singapore Alexandra Technopark is a high tech business space campus located at the prominent Alexandra business corridor. A $$45Mil asset enhancement initiative was announced on 23 January 2017 and is currently nearing full completion. It aimed to transform and reposition Alexandra Technopark into a contemporary, vibrant, and engaging business campus. A new 13,300sqft amenity hub has been added, which provides seamless connectivity to the...
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By Investment Income for Life
I am an Accountant by training and is currently working in a global MNC in the Supply Chain industry. During my free time, I enjoy reading up on topics such as stock investing, insurance planning and property investment. Since 2012, I have started penning down my thoughts on certain financial matters while striving to achieve financial independence.
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