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FCT reports higher 1HFY2026 DPU of 6.136 cents

The Edge Singapore
The Edge Singapore • 2 min read
FCT reports higher 1HFY2026 DPU of 6.136 cents
Coming up, AEI works will begin at NEX to generate additional retail and office space / Photo: FCT
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Frasers Centrepoint Trust has reported DPU of 6.136 cents for its 1HFY2026, up 1.4% y-o-y. Net property income was up 20.2% in the same period to $160.76 million, on the back of a similar gain in revenue to $221.87 million, due mainly to contribution from Northpoint City South Wing, acquired in last May.

Higher passing rents across FCT's other malls helped as well, although somewhat offset by divestment of the Yishun 10 Retail Podium and AEI at Hougang Mall.

FCT's committed occupancy currently stands at 99.8%, while rental reversions and tenant sales remained healthy across the malls.

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