PGIM Real Estate AsiaRetail Fund (ARF)

FCT reports 2.2% lower tenant sales, 36.4% lower shopper traffic for August - THE EDGE SINGAPORE

REITs

FCT reports 2.2% lower tenant sales, 36.4% lower shopper traffic for August

Units in FCT closed 3 cents lower or 1.2% down, at $2.53, on September 24.
FCT reinforces suburban mall portfolio, remains on analysts' buy lists

REITs

FCT reinforces suburban mall portfolio, remains on analysts' buy lists

On July 1, Frasers Centrepoint Trust (FCT) announced it has exercised its rights of pre-emption under the bye-laws of PGIM Real Estate AsiaRetail Fund (ARF) to acquire another 12.07% stake for $197.2 million.
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