Frasers Commercial Trust (FCOT)

A final ordinary dividend of 1.5 cents has been recommended, which will be paid on Feb 10, 2021.

“We like FLCT for its resilience in income [and] steady organic growth profile of 3.3% CAGR over the next two years,” say DBS research group analysts

Distributable income came in at A$43.1 million, up 16.7% y-o-y from last year’s A$36.9 million. This maintains the full payout of 2QFY2020’s distributable income.

The total consideration for the proposed merger comprises $138.1 million in cash and some 1,128.1 million consideration units.

SINGAPORE (Dec 9): Singapore’s real estate investment trusts (S-REITs) continue to excite market watchers, amid a flurry of mergers and acquisitions this year.

SINGAPORE (Dec 9): On Dec 2, during a media briefing, Robert Wallace, CEO of Frasers Logistics & Industrial Trust (FLT), said one of the benefits of merging with Frasers Commercial Trust (FCOT) was that the joint real estate investment trust (REIT) would

SINGAPORE (Dec 3): CGS-CIMB Research is staying positive on Frasers Logistics & Industrial Trust (FLT) and Frasers Commercial Trust (FCOT), after the respective managers on Monday announced a proposed merger to create an enlarged REIT with a total portfol

SINGAPORE (Dec 2): Frasers Logistics & Industrial Trust (FLT) and Frasers Commercial Trust (FCOT) are proposing to merge to create an enlarged REIT with a total portfolio worth a total of $5.7 billion, the respective managers announced on Monday.

(Nov 28): Frasers Logistics & Industrial Trust and Frasers Commercial Trust are planning to merge, according to people familiar with the matter, as consolidation among Singapore’s real-estate investment trusts gathers pace.

SINGAPORE (July 22): The manager of Frasers Commercial Trust (FCOT) has announced a Distribution per Unit (DPU) of 2.40 cents for the 3Q19 ended ended June 30, unchanged from 3Q18.