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FCT reports portfolio occupancy of 99.7% for 3QFY2024

Felicia Tan
Felicia Tan • 1 min read
FCT reports portfolio occupancy of 99.7% for 3QFY2024
Waterway Point, one of FCT's properties. Photo: Albert Chua/The Edge Singapore
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Frasers Centrepoint Trust (FCT) has reported a portfolio occupancy of 99.7% for the 3QFY2024 ended June 30, 0.2 percentage points lower q-o-q but 1 percentage point higher y-o-y.

Shopper traffic during the quarter increased by 4.1% while tenants’ sales was up by 0.7%.

In the 3QFY2024, the REIT’s aggregate leverage stood at 39.1%, higher than the previous quarters’ 38.5% but lower than the 3QFY2023’s 40.2%.

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