Changi City Point (CCP)

Analysts view FCT’s Changi City Point divestment favourably; Citi upgrades to ‘buy’ - THE EDGE SINGAPORE

Broker's Calls

Analysts view FCT’s Changi City Point divestment favourably; Citi upgrades to ‘buy’

The analysts' target prices range from $2.13 to $2.60.
Frasers Centrepoint Trust to divest Changi City Point for $338 mil - THE EDGE SINGAPORE

REIT Watch

Frasers Centrepoint Trust to divest Changi City Point for $338 mil

The manager says it intends to lower its aggregate leverage and average cost of borrowings with the proceeds.

Broker's Calls

Analysts stay positive on Frasers Centrepoint Trust on draw of larger malls

SINGAPORE (July 25): Analysts are keeping their positive outlooks on Frasers Centrepoint Trust (FCT) after the REIT saw its distribution per unit (DPU) climb 1.8% y-o-y to 3.053 cents for the 3Q18 ended June.
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