Frasers Commercial Trust (FCOT)

SINGAPORE (June 27): Frasers Commercial Trust (FCOT) has turned down an invitation from sponsor Frasers Property Limited (FPL) to acquire a stake in Frasers Tower under a right of first refusal (ROFR) agreement.

SINGAPORE (June 25): Google Asia Pacific will soon be a new tenant at Alexandra Technopark, says the manager of Frasers Commercial Trust (FCOT).

SINGAPORE (Apr 24): Frasers Commercial Trust (FCOT) has seen its committed occupancy at Alexandra Technopark (ATP) bottom at 59.2% following the exit of its anchor tenants – with still no sign of any firm offers to take up a lease.

SINGAPORE (Apr 23): The manager of Frasers Commercial Trust (FCOT) has announced a 2Q19 DPU of at 2.40 cents, unchanged from 2Q18.

SINGAPORE (Jan 21): OCBC Investment Research and DBS Vickers Securities are maintaining their “buy” rating on Frasers Commercial Trust (FCOT) after the release of the REIT’s latest set of quarterly results where 1Q19 DPU came in flat at 2.4 cents, i

SINGAPORE (Jan 8): OCBC Bank is expecting Singapore office REITs to strengthen further in the near-term this year – and possibly, in the process, demand higher rents to bring about positive rental reversion.

SINGAPORE (Oct 22): CGS-CIMB Securities and RHB Research are maintaining their respective “hold” and “neutral” calls on Frasers Commercial Trust (FCOT), both with a $1.50 price target each.

SINGAPORE (Oct 19): The manager of Frasers Commercial Trust (FCOT) declared a DPU of 2.40 cents for 4Q18 ended Sept, 0.4% lower compared to 4Q17.

SINGAPORE (Sept 26): Alexandra Technopark’s (ATP) nearly completed $45 million asset enhancement initiative (AEI) has prospective tenants asking themselves, “Why aren’t we here yet?”, says DBS analyst Mervin Song in a report.

SINGAPORE (July 11): DBS Vickers Securities is positive on Frasers Commercial Trust’s (FCOT) recent disposal of its commercial property at 55 Market Street, highlighting the move as one that unlocks value and opportunities for capital recycling.