frasers centrepoint trust

Revenue is up 8.7% at S$223 million for the half-year, from S$205.2 million before

An asset enhancement initiative is slated to start in Q2 2027 and be completed by end-2029

The local bourse doesn’t have exciting, paradigm-shifting brand names. It has boring – but solid – businesses

This was a 0.3 percentage point decrease year on year

Major landlords are investing heavily to revamp malls, reshape tenant mix to map new consumer habits for better returns

It is being sold to entity linked to Han Chee Juan’s Jack Investment, which owns Leisure Park Kallang

Distribution to unitholders for the period up 13.6% at S$125 million

Local private equity firm TE Capital is said to be the prospective buyer

This will allow the group to consolidate adjoining sites for a major redevelopment in the future