On Wednesday, the REIT’s manager reported a distribution per unit (DPU) of 2.913 cents for the quarter, a 1.8% increase from a year ago. This translated to a full-year DPU of 12.07 cents, up 0.5% from FY18.
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.
