For now, RHB Research analyst Vijay Natarajan says FCOT’s distribution per unit (DPU) is “expected to maintain stable, aided by higher capital distribution and payment of management fees in units”.
SINGAPORE (Apr 24): Frasers Commercial Trust (FCOT) has seen its committed occupancy at Alexandra Technopark (ATP) bottom at 59.2% following the exit of its anchor tenants – with still no sign of any firm offers to take up a lease.
But analysts believe there is no real cause for worry at this point.
