Frasers Centerpoint Trust (FCT)

SINGAPORE (May 16): The manager of Frasers Centrepoint Trust (FCT) has proposed an equity fund raising to raise gross proceeds of no less than $421.7 million.

SINGAPORE (Apr 24): The manager of Frasers Centrepoint Trust (FCT) has announced a distribution per unit (DPU) of 3.137 cents for 2Q19 ended March.

SINGAPORE (Mar 25): Frasers Property Limited and Frasers Centrepoint Trust (FCT) are raising their stakes in PGIM Real Estate Asia Retail Fund for $635 mil in total.

SINGAPORE (Oct 10): CGS-CIMB Securities continues to rate Singapore REITs as “overweight” following media reports that home-grown electronics retailer Newstead Technologies is currently in liquidation.

SINGAPORE (July 25): Analysts are keeping their positive outlooks on Frasers Centrepoint Trust (FCT) after the REIT saw its distribution per unit (DPU) climb 1.8% y-o-y to 3.053 cents for the 3Q18 ended June.

SINGAPORE (Nov 30): OCBC Investment Research is maintaining its “neutral” rating on Singapore REITs (S-REITs) as it projects a 2.8% DPU growth for S-REITs in the next financial year.