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Frasers Centrepoint Trust (FCT)
Right Timing
LMIRT returns capital to perplexed investors in 3Q2021, MCT awaits open borders
MCT firms after 1H2022 results. LMIRT's unitholders question the wisdom of DPU payouts from capital
October 28, 2021
Results
Frasers Centrepoint Trust saw shopper traffic fall in 3QFY21, occupancy stable at 96.4%
Only 8% of its leases remain for renewal in 4QFY2021.
July 22, 2021
Broker's Calls
DBS calls further govt reliefs as 'timely', identifies FCT as top retail S-REIT pick
The analysts from DBS deem any share price weakness on FCT as a buying opportunity.
June 01, 2021
Green loans
FCT 40%-owned Sapphire Star Trust seals first green loan of $589 mil
FCT’s share in this loan is proportionate to its 40% interest in Sapphire Star Trust.
May 18, 2021
Broker's Calls
'Buy' Frasers Centrepoint Trust on stable performance: analysts
Despite the positive recommendations, all brokerages have reduced FCT's TP and DPU estimates on the disposal of Yew Tee Point.
April 27, 2021
Results
Frasers Centrepoint Trust reports 28.4% higher 1H21 DPU of 5.996 cents, boosted by enlarged retail portfolio
Distributable income for the 1HFY2021 increased 42.3% y-o-y to $101.1 million.
April 23, 2021
REITs
Frasers Centrepoint Trust to divest YewTee Point for $220 mil
The net proceeds will be used to repay FCT’s debt, thus lowering its gearing level.
March 21, 2021
Broker's Calls
DBS revises earnings forecasts upwards for first time since 2Q19; STI target of 3,180 points for FY21
DBS is maintaining an STI target of 3,180 points for 2021.
March 11, 2021
Investing ideas
REITs seen as sound bets as retailers reinvent themselves for the recovery
What's the best bet to ride on the retail industry recovery?
March 05, 2021
Broker's Calls
PhillipCapital maintains 'overweight' on S-REITs, while DBS says investors should 'buy' S-REITs with growth potential
The analysts have identified some of the REITs as their top picks including FCT, Ascendas REIT, CICT and MCT.
February 23, 2021