Frasers Centrepoint Trust (FCT)

SINGAPORE (July 24): The manager of Frasers Centrepoint Trust (FCT) announced a DPU of 3.053 cents for 3Q18 ended June, up 1.8% year-on-year.

SINGAPORE (May 31): DBS Group Research says this could be a good time to scoop up S-REITs of selected office and hotel names given supply pressures in these sub-sectors have eased.

SINGAPORE (May 24): The S-REITs sector, using the FTSE Straits Times REIT Index (FSTREI) as a benchmark, is down 6% year-to-date at the close on Tuesday. Including dividends, the sector posted total returns of –3.4% year-to-date.

SINGAPORE (Apr 25): The manager of Frasers Centrepoint Trust’s (FCT) has declared a 2Q18 DPU of 3.10 cents, 2% higher compared to 2Q17 DPU of 3.04 cents.

SINGAPORE (Mar 6): OCBC Investment Research is maintaining its “neutral” stance on the Singapore REITs (S-REITs) sector with the conclusion of the 4QCY17 earnings season, which the research house deems to have offered “little surprises” as all 24

SINGAPORE (Feb 21): Credit Suisse is raising its 2018 GDP growth forecast for Singapore to 3.3% on the back of expectations of higher private consumption growth following the 2018 Budget announcement on Monday.

SINGAPORE (Feb 20): Over the past week, the spike in 10-year bonds and fears over inflation has caused the Singapore REIT (S-REIT) index to decline by about 7%.

SINGAPORE (Jan 24): OCBC and CIMB are maintaining their "add" call on Frasers Centrepoint Trust for its exposure to the more stable non-discretionary retail segment and a  decent set of 1Q18 results which met expectations of both research houses.

SINGAPORE (Jan 23): The manager of Frasers Commercial Trust (FCOT) has declared a distribution per unit (DPU) of 2.4 cents for 1Q18, a 4.4% decline from 2.51 cents in the preceding year on lower revenue.

SINGAPORE (Jan 2): Maybank Kim Eng is initiating coverage on Singapore’s retail REIT sector with a “negative” rating on the belief that rising rates, peak new supply in 2018 and fair valuations should restrain near-term price upside.