Frasers Centrepoint Trust (SGX:J69U) signed a memorandum of understanding with Singapore's National Library Board to develop a 32,000-square-foot community reading space at Causeway Point mall.
The facility, named The HomePage @ Causeway Point, is expected to open in 2028, according to a Thursday filing to the Singapore bourse.
The project forms part of the mall's broader redevelopment under an asset enhancement initiative, which is scheduled to begin in the second quarter of 2027 and be completed by the end of 2029.
The company's shares were up over 1% in recent trade.
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