Equity Overview
Price & Market Data
Price: $1.67
Daily Change: $0.00 / 0.00%
Range: $1.67 - $1.79
Market Cap: $3,425,988,352
Volume: 708
Performance Metrics
1 Week: -1.12%
1 Month: 9.26%
3 Months: 12.38%
6 Months: 28.26%
1 Year: 7.27%
YTD: 12.38%
Company Details
Employees: 27
Sector: Finance
Industry: Real estate investment trusts
Country:
Details
Frasers Centrepoint Trust (FCT) is a leading developer-sponsored retail real estate investment trust (REIT) and the largest suburban retail mall owner by net lettable area in Singapore with assets under management of approximately $7.1 billion. FCT's property portfolio comprises nine 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 2.7 million square feet of net lettable area with over 1,700 leases with a focus on providing for necessity spending, food & beverage and essential services. The portfolio comprises Causeway Point, Century Square, Hougang Mall, NEX (50.0% effective interest), Northpoint City North Wing (including Yishun 10 Retail Podium), Tampines 1, Tiong Bahru Plaza, Waterway Point (50.0% 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 is index constituent of several benchmark indices including the FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index), the Straits Times Index (STI), the 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.