- No financials were provided in Frasers Centrepoint Trust's 3QFY25 business update. The acquisition of Northpoint City South Wing was completed on 26 May 2025 and will start contributing from 2H25 onwards.
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The Positives
Retail portfolio occupancy improved to 99.9% (2QFY25: 99.5%).
- Frasers Centrepoint Trust’s high portfolio occupancy enhances its bargaining power in lease negotiations, further supported by a low occupancy cost of ~16%, which provides headroom for rental growth.
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Lower cost of debt.
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