Frasers Centrepoint Trust declares DPU of 2.815 cents for 4Q, down 1.5%

SINGAPORE (Oct 21): The manager of Frasers Centrepoint Trust (FCT) has declared a distribution per unit (DPU) of 2.815 cents for the 4Q16 ended Sept, 1.5% lower than a year ago.

This brings the total DPU for FY2016 to 11.764 cents, which is 1.3% higher than the previous year.

Gross revenue for 4Q16 was $44.6 million, which is 6% lower compared with the year-ago period. Revenue contribution from the Causeway Point, FCT’s largest mall, was up 3.2% in 4Q16.

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