Frasers Centrepoint Trust - RHB Research 2025-10-24: Maintaining Steady Performance; BUY

• Frasers Centrepoint Trust posted a stable set of 2HFY25 results which came in line. Key focus for FY26 will be on unlocking value via planned asset enhancements with Frasers Centrepoint Trust continuing to benefit from declining interest rates.
• - Read this at SGinvestors.io -
• Frasers Centrepoint Trust remains one of our Top Picks for its high quality pure-play Singapore suburban mall exposure.

Minimal impact from Cathay’s exit so far.

• - Read this at SGinvestors.io -
• Overall rent reversions (FY25) stood at +7.8% (FY24: +7.7%) with management guiding for mid-single digit rent reversions in FY26. Tenant sales (FY25) rose 3.7% y-o-y and occupancy cost remains stable at 16.1%.
• We currently do not expect any significant impact to its key malls from the planned opening of Johor Bahru – Singapore Rapid Transit System (RTS) by end of 2026.

Sharply declining borrowing costs.

• Read more at SGinvestors.io.

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:
2025-07-25 Frasers Centrepoint Trust - Positive Signs Across The Board; BUY.

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