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.
FCT to buy Northpoint City South Wing for $1.17b
FCT to buy Northpoint City South Wing for $1.17b
It is buying all units owned by FCL Amber and Bright Bloom Capital.
2 days ago
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.
FCT acquires full stake in NEX Partners Trust
The acquisition was proposed on 25 January 2024.
FCT signs $155m credit pact with OCBC
HSBC will be the trustee of FCT under the facility agreement.
FTSE Russell adds Frasers Centrepoint Trust to STI constituents
FCT will mark its STI entry on 18 March.
Frasers Centrepoint Trust raises $200m in private placement
The private placement was 2.5 times covered.
FCT to acquire an additional 24.5% stake in NEX for $523.1m
The acquisition will raise FCT’s effective interest in NEX to 50%.
FCT’s retail portfolio occupancy reaches 99.9% in 1Q24
The latest figure is 1.5%-pt higher than the 1Q23 record.
Singapore’s largest S-REITS averaged 5.6% dividend yield in 2023: SGX
FLCT maintains the highest indicative yield, whilst CICT has the highest market value.
FCT divests stake in Hektar REIT for $36.7m
The company divested over 140 million units in the REIT.
Frasers Centrepoint Trust completes $338m divestment of Changi City Point
The net proceeds from the divestment is $329.7m.
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