SINGAPORE, Feb 3 (Reuters) - Property developer Frasers Centrepoint Ltd FRCT.SI said it was exploring listing a real estate investment trust in Singapore as an option to get the best value from its assets, including its Australian industrial properties.
The Singapore-listed company said discussions were still going on and no decision had been made on whether the transaction will take place.
Frasers Centrepoint, backed by Thailand's second-richest man Charoen Sirivadhanabhakdi, gained control of the Australian assets through its 2014 purchase of Australand Property Group for about A$2.6 billion ($1.84 billion).
Bloomberg had earlier reported the company was weighing a REIT listing backed by the assets. = 1.4166 Australian dollars)