Frasers Centrepoint Trust

Frasers Centrepoint Trust reports better operating metrics, still low gearing as ICR dips

"We believe that we are well positioned to benefit from post-Covid lifestyle trends."

Overall, the REIT’s retail portfolio was 97.1% occupied for 3QFY2022, slightly lower from the last quarter.

Del Monte’s overall earnings have improved tremendously

PGIM ARF is focusing its funds on logistics and cold storage facilities

The uneven recovery is likely to pose challenges for landlords in terms of curating malls tenant mix

SPH REIT, impacted by Covid-19 reported DPU more than 50% lower, causing a sharp decline in its historic yield to 3.16%

When REITs acquire properties 'for growth' unitholders have to fund these acquisitions which are not always accretive.

REITAS CEO discusses new trends for REITs ahead of REIT Symposium 2020

On Sept 3, the manager of Frasers Centrepoint Trust announced it plans to acquire the 63.1% PGIM Asia Retail Fund (ARF) held by Frasers Property (FPL). FCT's manager also announced the proposed sale of Bedok Point.