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...

Submitted By:  Nathanielle Punay Case Study:  No It may benefit from its growing stake in the fund if more assets continue to be sold. The combined stake of Frasers...

SINGAPORE (Oct 2): Frasers Centrepoint Trust (FCT) on Sept 30 increased its stake in PGIM Real Estate Asiaretail Fund Limited to 24.82% from 21.13% previously. Meanwhile, Frasers Property Limited (FPL) has also increased its stake in the fund to 63.11% from 53.7%. This brings the total combined ow...

FRASERS Centrepoint Asset Management has appointed Koh Choon Fah as a non-executive and independent director, the manager of Frasers Centrepoint Trust announced on Monday after market close.

SINGAPORE (Sept 11): In the latest earnings season, the majority of local F&B firms reported huge losses. But, despite the overall lacklustre performance, market watchers remain positive on the sector. BreadTalk, Jumbo, Neo Group, Japan Foods Holding and Kimly were among those that saw their ...

SINGAPORE (Sept 11): Keppel DC REIT is set to join the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index) with effect from September 23. The FTSE EPRA / NAREIT Global Real Estate Index Series is an international real estate investment index developed by FTSE Group in cooperat...

SINGAPORE (Sept 10): The month of August saw 24.4% increase in total derivatives traded volume. according to Singapore Exchange (SGX) monthly release of market statistics. On the whole, Singapore equities also recorded market volume gains amid regional market volatility, as concerns over global gro...

SINGAPORE (Sept 9): Frasers Centrepoint Trust (FCT), the developer-sponsored retail REIT, has raised its stake in Waterway Point, the suburban retail mall located at 83 Punggol Central, to 40% from 33⅓%. This comes after Frasers Centrepoint Asset Management (FCAM) last Friday signed a conditional...

Frasers Centrepoint Trust (FCT) is looking to build its stake in Waterway Point to 40 per cent in a nearly S$90 million deal, just months after acquiring a one-third interest in the suburban mall.