Central Park

According to Robert Wallace, CEO of the manager, the façade enhancement is “is in line” with FLCT’s asset management strategy.

SINGAPORE (Oct 22): CGS-CIMB Securities and RHB Research are maintaining their respective “hold” and “neutral” calls on Frasers Commercial Trust (FCOT), both with a $1.50 price target each.

SINGAPORE (Oct 20): The manager of Frasers Commercial Trust (FCOT) has posted a distribution per unit (DPU) of 2.41 cents for the 4Q17 ended Sept, declining 1.6% from its DPU of 2.45 cents in 4Q16 a year ago on lower revenue and net property income.

SINGAPORE (April 24): OCBC Investment Research is reiterating its “buy” call on Frasers Commercial Trust (FCOT) with an unchanged fair value estimate of $1.39 after the trust’s 2Q17 results met expectations, with DPU up 2.4% on-year at 2.51 cents.

SINGAPORE (Oct 12): Frasers Property, the property arm of Frasers Centrepoint Limited (FCL), appointed contractor Brookfield Multiplex to build the final residential stage of Central Park, Wonderland, for approximately A$140 million ($145.7 million).