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Frasers Centrepoint Trust (FCT)
Spinoff and listing
Brewing liquidity
SINGAPORE (Dec 9): On Dec 2, during a media briefing, Robert Wallace, CEO of Frasers Logistics & Industrial Trust (FLT), said one of the benefits of merging with Frasers Commercial Trust (FCOT) was that the joint real estate investment trust (REIT) would
December 06, 2019
REITs
REITs have had a good run, yield compression may have come to an end
(Nov 18): Yields on 10-year Singapore Government Securities have been rising, albeit gently from a low base (see Chart 1). Similarly, yields on 10-year US Treasuries are also rising, from a low of 1.4% in September to 1.945% as at Nov 11 (see Chart 2). On
November 15, 2019
Results
Frasers Centrepoint Trust posts 1.8% increase in 4Q DPU to 2.913 cents
SINGAPORE (Oct 23): The manager of Frasers Centrepoint Trust (FCT) has announced distribution per unit (DPU) of 2.913 cents for the 4Q19 ended September, some 1.8% higher than DPU of 2.862 cents a year ago.
October 23, 2019
Broker's Calls
Frasers Centrepoint Trust kept at 'buy' by DBS as it tightens its grip on PGIM
SINGAPORE (Oct 2): Frasers Centrepoint Trust (FCT) on Sept 30 increased its stake in PGIM Real Estate Asiaretail Fund Limited to 24.82% from 21.13% previously.
October 02, 2019
REITs
Frasers Centrepoint Trust to be part of FTSE EPRA/NAREIT Global Developed Index from Sept 23
SINGAPORE (Sept 5): Frasers Centrepoint Trust (FCT) will be included in the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index) from Sept 23.
September 05, 2019
Investing ideas
Frasers Centrepoint Trust poised for re-rating as it enters next phase of growth
SINGAPORE (Sept 3): Units in Frasers Centrepoint Trust (FCT) have already surged more than 26% so far this year. But market watchers remain bullish on the retail REIT as it stands on the cusp of a re-rating.
September 03, 2019
Investing ideas
FCT preferred for its resilient malls, strategic diversification and index inclusion plans
SINGAPORE (July 29): Frasers Centrepoint Trust (FCT) delivered a strong set of results in 3Q19, despite seeing a dip in DPU due to an enlarged unit base.
July 29, 2019
Results
Frasers Centrepoint Trust 3Q19 DPU falls 1.7% to 3 cents
SINGAPORE (July 23): The manager of Frasers Centrepoint Trust (FCT) has declared a distribution per unit (DPU) of 3.00 cents for 3Q ended June 30, down 1.7% from the same period last year.
July 23, 2019
Yield watch
Who's the best friend of REITs?
SINGAPORE (June 28): Singapore REITs raised $1.35 billion through placements in the first half of this year, that was used mainly for acquisitions.
June 28, 2019