Frasers Property has formed a new group corporate function, Frasers Property Capital, with the appointment of Wong Ping as its CIO. Having joined in July and based at its headquarters in Singapore. The newly formed Frasers Property Capital has a mandate to coordinate capital partnerships with like-minded investors keen to take part in the company’s growth, as it pursues investment opportunities aligned with its strategic objectives.
“Real estate is a capital-intensive industry. To maximize value generated from our platforms and capabilities, we need a strong capital base and diversified capital sources to execute on our strategic priorities,” said Chia Khong Shoong, chief corporate officer at Frasers. “We believe long-term strategic institutional investors, who share our vision, will appreciate the capabilities of our established real estate platforms in our chosen markets that are backed by strong, experienced local teams. Forming Frasers Property Capital now to work
