FRASERS Property and Frasers Centrepoint Trust (FCT), its real estate investment trust (Reit) arm, are raising their stakes in PGIM Real Estate Asia Retail Fund, shortly after making their first round of investments, respectively.

SINGAPORE (Mar 25): Frasers Property Limited and Frasers Centrepoint Trust (FCT) are raising their stakes in PGIM Real Estate Asia Retail Fund for $635 mil in total. Frasers Property, which is also the sponsor of FCT, says the investments are line with the group's strategy to grow recurring income ...

FRASERS Property Limited and Frasers Centrepoint Trust (FCT), the real estate investment trust (Reit) it sponsors, are raising their stakes in PGIM Real Estate Asia Retail Fund, shortly after making their first round of investments respectively. 

FRASERS Property Limited and Frasers Centrepoint Trust (FCT), the real estate investment trust (Reit) it sponsors, are raising their stakes in PGIM Real Estate Retail Fund, shortly after making their first round of investments respectively. 

MOODY'S Investors Service has placed Frasers Centrepoint Trust (FCT)'s 'Baa1' issuer rating under review for downgrade.

FRASERS Centrepoint Trust (FCT) has entered into agreements to acquire a 17.1 per cent stake in PGIM Real Estate Asia Retail Fund Ltd for about S$342.5 million, subject to determination of the dividend amount payable in respect of the sale shares for the fourth quarter of 2018.

SINGAPORE (Feb 28): The manager of Frasers Centrepoint Trust (FCT) announced that its wholly-owned subsidiary, FCT Holdings (Sigma), will be acquiring a 17.13% stake in PGIM Real Estate AsiaRetail Fund for a consideration of $342.5 million. FCT will be acquiring 90,346 shares in PGIM Real Estate As...

FRASERS Centrepoint Trust (FCT) has entered into agreements to acquire a 17.1 per cent stake in PGIM Real Estate Asia Retail Fund Ltd for about S$342.5 million, subject to determination of the dividend amount payable in respect of the sale shares for the fourth quarter of 2018. 

SINGAPORE (Jan 24): The manager of CapitaLand Mall Trust (CMT) on Wednesday announced that its 4Q18 DPU has risen by 3.1% y-o-y to 2.99 cents, bringing FY18 DPU to 11.50 cents, 3.0% higher y-o-y. This came on the back of 4.7% y-o-y increase in gross revenue to $180.5 million and a 4.3% y-o-y increa...

SINGAPORE (Jan 23): OCBC Investment Research and Phillip Capital are maintaining their “buy” and “neutral” calls on Frasers Centrepoint Trust (FCT) with the respective fair value and price target of $2.50 and $2.21. This comes post the release of the trust’s 1Q19 results which saw 1Q DPU ...