Frasers Centrepoint Trust - OCBC Investment Research 2025-10-24: Blip In Occupancy But Overall Solid Results

• Frasers Centrepoint Trust’s 2HFY25 gross revenue and net property income (NPI) jumped 14.3% and 12.0% y-o-y to S$205.2m and S$144.3m. This was driven largely by contribution from the acquisition of North Point City South Wing (NPCSW) and AEI.

FY25 results met our expectations

• - Read this at SGinvestors.io -
• Similarly, FY25 Frasers Centrepoint Trust's DPU also grew 0.6% to 12.113 Singapore cents. This was 0.2% above our forecast and thus within our expectations.

Rental reversions stood firm at 7.8%

• - Read this at SGinvestors.io -
• Management believes a more sustainable level of rental reversions would be around the mid-single digit level.

Retail portfolio committed occupancy fell 1.8 ppt q-o-q to 98.1%

• Read more at SGinvestors.io.

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

Read also OCBC's most recent report:
2026-01-26 Frasers Centrepoint Trust - Concerns Valid But Likely Overdone.

Price targets by 5 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