Frasers Centrepoint Trust - Maybank Research 2025-01-24: Steady Fundamentals With Nearly Full Malls, Continued AEI

• The quarter’s business update demonstrates continued outperformance of Frasers Centrepoint Trust’s quality portfolio versus the sub-sector.
• Frasers Centrepoint Trust's malls are almost fully-let anchored by prime suburban malls. Portfolio tenant sales are growing a clip faster than the system.
• - Read this at SGinvestors.io -

Occupancy holding up

• Portfolio occupancy was 99.5% vs 99.7% a quarter ago. Frasers Centrepoint Trust's flagship malls – NEX, Causeway Point, Northpoint City North Wing and Waterway Point – are fully occupied while smaller malls experienced transitional vacancies due to asset enhancement or tenant repositioning.
• - Read this at SGinvestors.io -
• Frasers Centrepoint Trust's management indicated rent reversion is tracking in line with last fiscal year (+7.7%).

Prudent capital management, AEIs tracking well

• Read more at SGinvestors.io.

Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Read also Maybank's most recent report:
2025-04-30 Frasers Centrepoint Trust - Steady Performance, Growing Distribution.

Price targets by other brokers at Frasers Centrepoint Trust Target Prices.

Listing of research reports at Frasers Centrepoint Trust Analyst Reports.

Relevant links:
Frasers Centrepoint Trust Share Price History,
Frasers Centrepoint Trust Announcements,
Frasers Centrepoint Trust Dividend Payout Dates & Corporate Actions,
Frasers Centrepoint Trust News