Frasers Centerpoint Trust (FCT)

DBS and Maybank are more positive on the impact that Singapore's reopening has on FCT.

Analysts are optimistic on FCT, saying they see opportunities when Covid-19 measures are eased

“Going forward, measures will be reviewed fortnightly, and could be extended, which is highly likely in our view."

Analysts from CGS-CIMB and RHB think that FCT's Central Plaza could be a potential candidate for divestment.

DBS Group Research has handed 9 S-REITs a 'buy' rating. Find out why.

DBS Group Research remains positive on the counter with an unchanged ‘buy’ rating and target price of $3.

Analysts are positive on FCT, all maintaining their “buy” and “add” calls with raised target prices.

The balance of the gross proceeds has also been used to pay the professional and other fees incurred for the private placement.

The impact of Covid-19 on retail is slowly abating, write CGS-CIMB analysts Eing Kar Mei and Lock Mun Yee in an August 20 note, and “traffic should normalise” as capacity limits are lifted.

Frasers Centrepoint Trust (FCT)’s operational update on July 20 reported a dip in 1.5 percentage points q-o-q to 94.6% for 3Q20, led by Bedok Point (at -3.7 percentage points q-o-q), and YewTee Point (-2.6 percentage points q-o-q).