FCT’s NPI up 9.7% YoY in FY 25

Its DPU inched up by 0.6% YoY.

Frasers Centrepoint Trust reported a 9.7% year-on-year (YoY) increase in net property income (NPI) to $277.98m in the financial year 2025.

Distribution per unit (DPU) for the period stood at $0.12113, up 0.6% YoY.

Gross revenue rose 10.8% YoY to $389.6m. The growth in this period was attributed to contributions from Northpoint City South Wing.

FCT’s retail portfolio edged down to 98.1%, due to the exit of Cathay Cineplexes at Causeway Point and Century Square.

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