UOB Kay Hian analyst Jonathan Koh has maintained “overweight” on Singapore REITs (S-REITs) as a new Covid-19 variant emerges. See: 'Watch out for Omicron' and keep an eye out for these sectors: DBS The new variant, named Omicron, is said to be more contagious with 50 mutations. The current vac...

Analysts from DBS Group Research and Maybank Kim Eng have maintained their “buy” calls on Frasers Centrepoint Trust (FCT), with both brokerages handing the stock target prices of $2.90. DBS analysts Geraldine Wong and Derek Tan write that, “In the face of retail headwinds, we remain convinced ...

The past week was full of results for the quarter to Sept 30. In some cases, such as Frasers Centrepoint Trust (FCT), Sept 30 was a year-end. FCT had completed the acquisition of 63% of Asia Retail Fund (ARF) it did not own in October 2020. Hence, FCT gets the benefit of almost a full year of five a...

UOB Kay Hian’s Jonathan Koh has maintained his “buy” call on Frasers Centerpoint Trust with a lower target price of $2.98, down from the previous figure of $3.06. While he did not reveal any specific reason for the lowering of the target price, he is optimistic on the stock, pointing out the...

WITH over a quarter of leases at its portfolio of retail malls due for renewal in the new financial year, Frasers Centrepoint Trust (FCT) is looking forward to improved leasing sentiment with a "sustainable reopening" of Singapore businesses.

WITH over a quarter of leases at its portfolio of retail malls due for renewal in the new financial year, Frasers Centrepoint Trust (FCT) is looking forward to improved leasing sentiment with a "sustainable reopening" of Singapore businesses.

Frasers Centrepoint Trust (FCT) has reported distribution per unit (DPU) of 6.089 cents for the 2HFY2021 ended September, representing a 39.3% y-o-y increase from the DPU of 4.372 cents in the 2HFY2020. Gross revenue for the 2HFY2021 surged 159.9% y-o-y to $167.53 million, while net property income ...

FRASERS Centrepoint Trust's (FCT) distribution per unit (DPU) rose by 39.3 per cent to 6.089 Singapore cents for the second half of the year ended September, from 4.372 cents for the same period a year ago.

In an online session on September 24, 2021, the NUS Institute of Real Estate and Urban Studies (IREUS) assembled a panel of industry experts to deep dive into the topic “Asset Management Model for S-REIT – internal vs external”. Speaker Dr John Worth kickstarted the session with an overview of...

Singapore retail REITs have had “a year to forget”, as current restrictions add another dampener for business, say DBS Group Research analysts Geraldine Wong and Derek Tan. The government has announced that the current tightened restrictions will be extended to Nov 21 subject to a review in two ...