Frasers Centrepoint Trust - RHB Research 2025-01-23: Risk-reward Turning Favourable; Upgrade To BUY

• Upgrade Frasers Centrepoint Trust to BUY from Neutral, keep S$2.35 target price.
• 1QFY25 saw stable operational performances of Frasers Centrepoint Trust with near-full occupancy and healthy rent reversions.
• - Read this at SGinvestors.io -

Market concerns over Causeway Point slightly overblown.

• We believe potential retail sales leakages from the upcoming Singapore-Johor Bahru Rapid Transit System or RTS link (end 2026) can be offset by a significant planned increase in catchment population in the area (~10,000 new homes in the next five years), no new supply, increased cross-border traffic, and Woodlands’ rising prominence as a regional centre, which results in more commercial activities in our view.
• - Read this at SGinvestors.io -

Extracting value from AEI.

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

Previous report by RHB:
2024-10-28 Frasers Centrepoint Trust - Strengthening Its Suburban Mall Positioning.

Price targets by 2 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