Frasers Centrepoint Trust (SGX: J69U)
Singapore flag Singapore · Delayed Price · Currency is SGD
2.410
+0.020 (0.84%)
Sep 12, 2024, 1:51 PM SGT

Frasers Centrepoint Trust Company Description

Frasers Centrepoint Trust ("FCT") is a leading developer-sponsored retail real estate investment trust ("REIT") and one of the largest suburban retail mall owners in Singapore with assets under management of approximately S$6.9 billion.

FCT's property portfolio comprises ten retail malls and an office building located in the suburban regions of Singapore, near homes and within minutes to transportation amenities.

The retail portfolio has approximately 2.9 million square feet of net lettable area with over 1,800 leases with a strong focus on providing for necessity spending, food & beverage and essential services.

The portfolio comprises Causeway Point, Century Square, Changi City Point, Hougang Mall, NEX (effective 25.50% interest), Northpoint City North Wing (including Yishun 10 Retail Podium), Tampines 1, Tiong Bahru Plaza, Waterway Point (50.00% interest), White Sands and an office property (Central Plaza).

FCT's malls enjoy stable and recurring shopper footfall supported by commuter traffic and residential population in the catchment areas.

FCT also holds a 30.97% stake in Hektar Real Estate Investment Trust, a retail-focused REIT in Malaysia listed on the Main Market of Bursa Malaysia Securities Berhad.

FCT is index constituent of several benchmark indices including the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index), FTSE ST Real Estate Investment Trust Index, MSCI Singapore Small Cap Index and SGX iEdge S-REIT Leaders Index.

Listed on the Main Board of the Singapore Exchange Securities Trading Limited since 5 July 2006, FCT is managed by Frasers Centrepoint Asset Management Ltd. ("FCAM"), a real estate management company and a wholly-owned subsidiary of Frasers Property Limited.

Frasers Centrepoint Trust
Country Singapore
Founded 2006
Industry REIT - Retail
Sector Real Estate
CEO Richard Ng

Contact Details

Address:
438 Alexandra Road
Singapore, 119958
Singapore
Phone 65 6276 4882
Website frasersproperty.com

Stock Details

Ticker Symbol J69U
Exchange Singapore Exchange
Fiscal Year October - September
Reporting Currency SGD
ISIN Number SG1T60930966
SIC Code 6798

Key Executives

Name Position
Richard Ng Chief Executive Officer
Loo Ming Tan Chief Financial Officer
Fung Leng Chen Head of Investor Relations