Frasers Centrepoint Trust (FCT)

SINGAPORE (Oct 25): The manager of Frasers Centrepoint Trust has announced a distribution per unit (DPU) of 2.97 cents for 4Q17 ended Sept, an increase of 5.5% over the same period last year.

SINGAPORE (Oct 16): Retail sales in Singapore saw a 3.5% y-o-y in August, above consensus of 2.4%, on a headline basis, according to Credit Suisse.

SINGAPORE (Oct 5): UBS says Singapore real estate investment trusts (SREITs) are expected to see DPU growth of 1.0% per annum from 2016 through to 2019, even as they go on the acquisition trail.

SINGAPORE (Aug 30): Frasers Centrepoint Trust (FCT) has subscribed for its full allocation in the renounceable rights issue of associate Hektar REIT.

SINGAPORE (Aug 22): OCBC Investment Research is maintaining “neutral” on Singapore REITs (S-REITs) after all 24 REITs under its coverage reported 2Q17 results that came in line with its expectations, with overall distribution per unit (DPU) growth com

SINGAPORE (July 24): The manager of Frasers Centrepoint Trust (FCT) has declared a distribution per unit (DPU) of 3 cents for the third quarter ended June, 1.3% down from the 3.04 cents DPU reported in the same period a year ago on lower revenue.

SINGAPORE (June 6): OCBC is maintaining its “neutral” recommendation on the S-REIT sector as it projects overall DPU growth for the financial year to fall.

SINGAPORE (June 2): Shopping malls located in well-populated suburbs are generally thought to be more resilient than those on Orchard Road or in the CBD. While suburban malls sell everyday necessities, those in the downtown area sell luxuries, which are s

SINGAPORE (May 30): DBS Vickers expects Frasers Centrepoint Limited (FCL) and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.

SINGAPORE (May 29): UOB Kay Hian has raised target prices for Singapore real estate investment trusts (S-REITs) by an average of 8% on the back of a rosier economic outlook.