Welcome!
Frasers Property (FPL)
Right Timing
Straits Times Index moves above resistance as investor focus moves to FPL
STI moves above resistance but remains hostage to global headwinds; FPL has attracted attention
September 15, 2023
REITs
Did bullish outlook derail privatisation of Frasers Hospitality Trust?
Were investors in Frasers Hospitality Trust holding out for a better offer following bullish analysts' reports on hospitality?
September 15, 2022
Offer
Vote for privatisation say proxy advisors to Frasers Hospitality Trust's institutional investors
ISS and Glass Lewis advise institutional investors to vote for privatisation offer of 70 cents for Frasers Hospitality Trust
August 30, 2022
Broker's Calls
Frasers Property's privatisation offer an opportunity for FHT unitholders to unlock value: CGS-CIMB
This is as the scheme consideration is at a premium to its BV.
June 14, 2022
REITs
Frasers Property offers 70 cents to privatise Frasers Hospitality Trust
FPL offers 70 cents to privatise Frasers Hospitality Trust, above NAV, at a premium to 12-month VWAP, but below IPO at 88 cents.
June 13, 2022
1000th issue
The next 20 years: As financialisation of real estate continues, developers may restructure
The next 20 years: As financialisation of real estate continues, developers may restructure
September 01, 2021
REITs
Frasers Centrepoint Trust raises $575 mil in private placement following announcement
The private placement issue price of $2.35 represents a discount of 4.9% to the adjusted VWAP of $2.472 per unit.
September 29, 2020
REITs
FCT reinforces suburban mall portfolio, remains on analysts' buy lists
On July 1, Frasers Centrepoint Trust (FCT) announced it has exercised its rights of pre-emption under the bye-laws of PGIM Real Estate AsiaRetail Fund (ARF) to acquire another 12.07% stake for $197.2 million.
July 03, 2020