CITI Research has upgraded Frasers Centrepoint Trust (FCT) to "buy", increasing its price target for the retail reit (real estate investment trust) by 23.6 per cent to S$3.00.

SINGAPORE (Oct 24): OCBC Investment Research is maintaining its “hold” call on Frasers Centrepoint Trust, with a higher target price of $2.75, some 2.2% higher than the previous target price of $2.69.  On the whole, Frasers Centrepoint Trust (FCT) appeared to have had a solid 4Q19.  On Wednes...

Submitted By:  Staff Reporter Case Study:  No It has delivered positive DPU growth every year since its listing in July 2006. Frasers Centrepoint Trust’s (FCT...

FRASERS Centrepoint Trust's (FCT) distribution per unit (DPU) rose 1.8 per cent to 2.913 Singapore cents from 2.862 cents a year ago for the fourth quarter ended Sept 30, 2019, boosted by higher portfolio occupancy and contributions.

Submitted By:  Nathanielle Punay Case Study:  No This was attributed to property expenses rising 1.7% YoY to $57.1m. Frasers Centrepoint Trust (FCT) saw its net pro...

SINGAPORE (Oct 23): Analysts are keeping a rather neutral stance on CapitaLand Mall Trust (CMT) following its results announcement on Oct 21. The trust posted a 4.8% increase in its 3Q19 DPU to 3.06 cents from 2.92 cents in 3Q18, with distributable income increasing 9.1% y-o-y to $113.0 million. Gr...

FRASERS Centrepoint Trust’s (FCT) distribution per unit (DPU) rose 1.8 per cent to 2.913 Singapore cents from 2.862 cents a year ago for the fourth quarter ended Sept 30, 2019, boosted by higher portfolio occupancy and contributions.

SINGAPORE (Oct 23): The manager of Frasers Centrepoint Trust (FCT) has announced distribution per unit (DPU) of 2.913 cents for the 4Q19 ended September, some 1.8% higher than DPU of 2.862 cents a year ago. This brings full-year DPU for FY19 to 12.07 cents, edging up 0.5% from FY18 DPU of 12.015 ce...

SINGAPORE (Oct 14): SPH REIT saw its earnings for the FY19 ended August boosted by its two acquisitions in FY18 – The Rail Mall and Figtree Grove Shopping Centre. But analysts say this might not be enough for the REIT to earn a re-rating. Following the release of its FY19 results on Oct 10, analy...

SINGAPORE (Oct 11): The month of September saw total securities market turnover inch up 2% to $19.7 billion, according to the Singapore Exchange (SGX) monthly release of market statistics.  In cash equities, securities daily average value (SDAV) in the Singapore equities market was down 3% y-o-y a...