Frasers Centrepoint Trust

REITs

Frasers Centrepoint Trust reports 3QFY2022 tenant sales at 10% higher than pre-pandemic levels

Overall, the REIT’s retail portfolio was 97.1% occupied for 3QFY2022, slightly lower from the last quarter.

Investing ideas

PhillipCapital adds Del Monte Pacific to model portfolio as turnaround gets underway

Del Monte’s overall earnings have improved tremendously
PGIM sees future of investing in real estate in cold storage, logistics, as WFH trends persist - THE EDGE SINGAPORE

Funds

PGIM sees future of investing in real estate in cold storage, logistics, as WFH trends persist

PGIM ARF is focusing its funds on logistics and cold storage facilities
Phase 3 impending but RHB keeps FCT at "neutral" with target price of $2.40 - THE EDGE SINGAPORE

Broker's Calls

Phase 3 impending but RHB keeps FCT at "neutral" with target price of $2.40

The uneven recovery is likely to pose challenges for landlords in terms of curating malls tenant mix

REITs

SPH REIT reports lower DPU, NAV and tenant sales in FY2020

SPH REIT, impacted by Covid-19 reported DPU more than 50% lower, causing a sharp decline in its historic yield to 3.16%

REITs

REITs lean on unitholders for $1.7 bil of equity funding

When REITs acquire properties 'for growth' unitholders have to fund these acquisitions which are not always accretive.
As REIT Symposium turns virtual, REITAS looks past Covid at new trends - THE EDGE SINGAPORE

REITs

As REIT Symposium turns virtual, REITAS looks past Covid at new trends

REITAS CEO discusses new trends for REITs ahead of REIT Symposium 2020

REITs

Frasers Centrepoint Trust announces transformational transaction, catapulting it to the big league

On Sept 3, the manager of Frasers Centrepoint Trust announced it plans to acquire the 63.1% PGIM Asia Retail Fund (ARF) held by Frasers Property (FPL). FCT's manager also announced the proposed sale of Bedok Point.

Broker's Calls

Brokers' Digest 929

Frasers Centrepoint Trust, Sasseur REIT and Oxley Holdings are among the stocks to watch this week.
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