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FRASERS Hospitality, part of the Fraser & Neave group, opened its third property in Singapore yesterday.
The 50-unit, all-loft Fra-ser Place Fusionopolis brings the number of properties under management worldwide by Frasers Hospitality to 33.
This year alone, Frasers has opened four properties - in the UK, China, Thailand and Bahrain. With the opening of Fraser Place Fusionopolis, the company manages a total of 4,731 units in Europe, the Far East and Australia. By end-2009, five properties - or 647 units - are due to open in Budapest, Doha, Dubai, Kuala Lumpur and Shanghai.
Fraser Place Fusionopolis is the latest addition to JTC Corporation's work and lifestyle hub at Fusionopolis one-north, which provides a state-of-the-art environment for research and development and high-tech companies, as well as dining and entertainment options.
'The opening of Fraser Place Fusionopolis is very special from a corporate viewpoint for a number of reasons,' said Choe Peng Sum, chief executive of Frasers Hospitality.
'It is a homecoming - our first property launch here since the opening of Fraser Suites and Fraser Place in l998.'
The lofts are designed to complement the work-live-learn-play lifestyle of personnel at the 120,000 sq ft Fusionopolis, he said.
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