Frasers Centrepoint Trust
Frasers Centrepoint Trust is a developer-sponsored retail real estate investment trust (“REIT”) whose portfolio comprises nine suburban retail malls and one office building, all located in Singapore.
See below for the Latest Frasers Centrepoint Trust News, Analysis, Profit Results, Share Price Information, and Commentary.
Daily Markets Briefing: STI down 0.68%; Top stock is Frasers Centrepoint Trust
Daily Markets Briefing: STI down 0.68%; Top stock is Frasers Centrepoint Trust
Frasers Centrepoint Trust is the top stock with a 1.46% increase.
Frasers Centrepoint Trust's retail occupancy eases to 99.6%
Cost of debt fell to 3.0% as shopper traffic rose 2.4% in Q3.
Frasers Centrepoint Trust delivers 1.4% YoY growth in H1 DPU
Distribution to unitholders totalled $125m, up 13.6% YoY.
Frasers Centrepoint weighs $470m White Sands divestment
The trust's manager signals regulatory disclosure pathway remains open pending material development.
FCT eyes 99.9% occupancy through asset enhancements, northern pivot
Shopper traffic rose 1.3 %, whilst Hougang Mall and NEX upgrades proceed.
Northern population’s 27% boom to offset Johor Bahru spending leak: FCT
Rising prices in JB and 50,000 new local units offer a buffer against retail leakage.
FCT secures $400m green term loan, revolving credit facility
The prepayment clause applies if Frasers management or shareholding conditions change.
Frasers Centrepoint completes sale of 10 strata lots at Yishun 10
The divestment was worth over $30m.
Frasers Centrepoint Trust closes preferential offering with 44.4% excess applications
FCT received 54.4 million excess applications.
FCT to buy Northpoint City South Wing for $1.17b
It is buying all units owned by FCL Amber and Bright Bloom Capital.
Frasers Centerpoint Trust prices $80m green notes due 2032
The notes are offered at a fixed rate of 3.30% per annum.
Frasers Centrepoint Trust achieves 99.5% retail portfolio occupancy in Q1
Shopper traffic increased by 2.7% YoY.
Frasers Centrepoint Trust distribution rises 3.2% YoY to $214.31m in FY24
Full-year DPU, however, was down by 0.9% YoY.
Frasers Centrepoint Trust achieves 99.7% portfolio occupancy in Q3
All of FCT’s malls each achieved over 99% occupancy.
FCT manager appoints Annie Lee as CFO
She will succeed Audrey Tan.
Tan Loo Ming Audrey steps down as FCT manager’s CFO
Her last day will be on August 9.
FCT's net property income declines 8.4% YoY amidst asset changes
With lower NPI, FCT also recorded a decline in its DPU.
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