Frasers Centrepoint Trust (FCT)

Resilience of FCT's suburban malls underpinned by high proportion of GRI: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Resilience of FCT's suburban malls underpinned by high proportion of GRI: CGS-CIMB

CGS-CIMB continues to like FCT for it's pure play in the suburban mall space.
Analysts mixed on FCT's acquisition of 25.5% stake in Nex - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on FCT's acquisition of 25.5% stake in Nex

The analysts have kept their "buy" and "hold" calls with a target price range of $2.10 to $2.60.

REITs

What inflation? Shoppers out in force and boosting retail REITs

Singaporean consumers continue to spend, even as worries of soaring prices loom.

Results

Frasers Centrepoint Trust reports 1.2% higher DPU of 12.227 cents for FY2022

Unitholders will receive their distributions on Nov 29.

Broker's Calls

S-REITs now at 'attractive levels' with bargains emerging following recent panic selling: UOB Kay Hian

Some of UOB Kay Hian's top picks include CLAS, FCT and LREIT.

Broker's Calls

FCT could emerge as 'dark horse' among Mercatus portfolio bidders now that portfolio size could be halved

The Mercatus portfolio could be further reduced to $2.3 billion if both AMK Hub and Nex are excluded.
FCT's increased stake in Waterway Point a positive in analysts' books - THE EDGE SINGAPORE

Broker's Calls

FCT's increased stake in Waterway Point a positive in analysts' books

FCT's latest stake increment in Waterway Point is a seen as a good move by analysts.
Frasers Centrepoint Trust acquires additional 10.0% stake in Waterway Point for total of $132.3 mil - THE EDGE SINGAPORE

REITs

Frasers Centrepoint Trust acquires additional 10.0% stake in Waterway Point for total of $132.3 mil

The acquisition is said to be in the trust’s “ordinary course” of business.
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