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PGIM Real Estate AsiaRetail Fund (ARF)
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.
September 25, 2020
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.
July 03, 2020