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Frasers Centrepoint Trust (FCT)
Broker's Calls
Brokers' Digest: Frasers Centrepoint Trust, Japan Foods, Uni-Asia Group
See what the analysts have to say this week.
September 07, 2023
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.
August 31, 2023
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.
August 30, 2023
Broker's Calls
Analysts positive on FCT after 'steady operating metrics' posted in 3QFY2023 business update
CGS-CIMB, Maybank and Phillip Securities have maintained their positive calls with unchanged TPs of $2.62, $2.35 and $2.35.
July 28, 2023
Broker's Calls
DBS favours industrial, retail S-REITs this 'red-hot summer' as high rates erode DPU
This cut would be more keenly felt in the US office, China Retail S-REITs and selected commercial subsectors, says DBS.
July 14, 2023
Environmental, Social and Governance
Frasers Centrepoint Trust secures $419 mil green loan from OCBC with carbon credits in tow
FCT says this is Singapore’s first green financing solution that comprises a green loan and carbon credits.
July 06, 2023
Broker's Calls
Seven stocks to bet against and seven to slice, ahead of technical recession: DBS
DBS analysts Yeo and Foo see a downside risk to the STI at 3,180 points.
May 02, 2023
Broker's Calls
Analysts mixed on Frasers Centrepoint Trust after 1HFY2023 results
OCBC, UOBKH and DBS maintain “buy”, but RHB stays “neutral” on the REIT.
April 28, 2023
Results
FCT reports 1HFY2023 DPU of 6.13 cents, down 0.1% y-o-y
Distribution to unitholders rose by 0.3% y-o-y to $104.68 million.
April 26, 2023
Broker's Calls
DBS maintains 'buy' call on FCT with 2023 shaping up to be 'banner year for acquisitions'
2023 is shaping up to be another banner year for acquisitions with [around] $500 million in acquisition deals year-to-date.
April 24, 2023