Frasers Centrepoint Trust is in the $2.1b Bayshore Drive winning bid, but only for the mall. For once it is building one from the ground up instead of buying it. What that means if you hold FCT.
https://www.turtleinvestor.net/frasers-centrepoint-trust-bayshore-drive-bid/
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Frasers Centrepoint Trust To Co-Develop And Own 50% Of Retail Component At Bayshore Site (2026) | Turtle Investor
FCT joined the consortium that placed the top bid for the $2.1 billion Bayshore Drive site, but unitholders are exposed to only one part of it: a new mall. My read on why FCT is building instead of buying, how the retail-only carve-out keeps the condo risk…
July 16, 2026 179
