Following the introduction of tighter measures to curb social gatherings, the team of analysts at DBS Group Research say they expect to see increased volatility in the trading of S-REITs that are dependent on the re-opening of the economy in the near term. To Derek Tan, Rachel Tan, Dale Lai and Gera...

The Straits Times Index (STI) closed April up 1.7% m-o-m - its sixth consecutive m-o-m gain - riding on the continued economic recovery, say CGS-CIMB Research analysts Lim Siew Khee and Jeremy Ng Choon Heng. The analysts note the gain in April followed the US$2 trillion ($2.7 trillion) US infrastruc...

FRASERS Centrepoint Trust (FCT) intends to concentrate on larger malls as part of its portfolio management strategy.

SIZE does matter, said Richard Ng, chief executive of Frasers Centrepoint Trust's (FCT) manager, adding that "it’s been identified, as part of our strategy going forward, to keep to larger malls".

The manager of Frasers Centrepoint Trust (FCT) has reported distribution per unit (DPU) of 5.996 cents for the 1HFY2021, 28.4% higher than DPU of 4.670 cents in the 1HFY2020. Distributable income for the 1HFY2021 increased 42.3% y-o-y to $101.1 million. “This is the first set of financial results ...

FRASERS Centrepoint Trust's (FCT) distribution per unit (DPU) rose by 28.4 per cent to 5.996 Singapore cents for its half year ended March 31, from 4.67 cents last year.

The managers of Frasers Hospitality Real Estate Investment Trust (FH-REIT) and Frasers Hospitality Business Trust (FH-BT) have appointed Eu Chin Fen as their new CEO. Eu will replace outgoing CEO Colin Low, whose last day of service is April 9. Eu’s appointment will be effective April 10. Eu is cu...

Despite diverging views on Frasers Centrepoint Trust (FCT), DBS Group Research remains positive on the counter, with an unchanged ‘buy’ rating and target price of $3. DBS analysts Geraldine Wong and Derek Tan believe that FCT’s portfolio of suburban malls anchors its ability to continue delive...

Soilbuild REIT has been removed from the FTSE Singapore All Cap Index and the Benchmark Index, announced the manager of Starhill Global REIT on March 30. The Benchmark Index is relevant to the determination of the performance fee that may be paid to the manager under the trust deed constituting Star...

The further relaxation of Covid-19 measures announced by the government will bode well for office, retail and hospitality REITs, says DBS Group Research in a March 25 report. Counters include Keppel REIT, Mapletree Commercial Trust (MCT) and Suntec REIT for office, Lendlease Commercial Global REIT (...