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3 reasons why Frasers Centrepoint Trust should be on your ‘buy’ list

Broker's Calls

3 reasons why Frasers Centrepoint Trust should be on your ‘buy’ list

Zavier Ong Published on Tue, Jul 19, 2016 / 11:06 AM GMT+8

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SINGAPORE (July 19): DBS has maintained its “buy” call for Frasers Centrepoint Trust (FCT), with a target price of $2.29. This comes as the REIT recently declared a DPU of 3.04 cents on the back of its 3QFY16 results.

(See Frasers Centrepoint Trust posts steady 3Q DPU of 3.04 cents)

Here are three reasons why DBS is optimistic on the REIT:

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