- No financials were provided in the 1QFY26 Frasers Centrepoint Trust's business update. Retail portfolio occupancy was unchanged q-o-q at 98.1% but improved to 99.9% post-1Q26 following the backfilling of cinema spaces at Causeway Point and Century Square.
- - Read this at SGinvestors.io -
The Positives
Portfolio occupancy improved to 99.9% post-1Q26 with healthy operating metrics.
- The cinema spaces at Causeway Point and Century Square have been successfully backfilled by SAS Cineplex and Golden Village, respectively.
- - Read this at SGinvestors.io -
Stable financial metrics.
- In 1Q26, the quarter average all-in cost of debt remained stable at 3.5% q-o-q, with 81.2% of borrowings hedged to fixed rates.
- Aggregate leverage increased slightly from 39.6% to 40.3% q-o-q, reflecting ongoing capex at Hougang Mall. With interest rates still trending lower, the all-in cost of debt is expected to decline further in FY26e, potentially reaching 3.3% (FY25: 3.5%).
The Negative
- Read more at SGinvestors.io.
Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.
Darren Chan Phillip Securities Research | https://www.poems.com.sg/ 2026-01-27
Read also Phillip's most recent report:
2026-04-27 Frasers Centrepoint Trust - Defensive Malls Weather Macro Uncertainty.
Price targets by 4 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
