About Frasers Centrepoint Trust (FCT)
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.
Portfolio Overview
FCT's property portfolio comprises ten retail malls and an office building located in the suburban regions of Singapore, near residential areas and transportation hubs. The retail portfolio spans approximately 2.9 million square feet of net lettable area with over 1,800 leases, focusing on necessity spending, food & beverage, and essential services.
Key Properties
- Causeway Point
- Century Square
- Changi City Point
- Hougang Mall
- NEX (25.50% interest)
- Northpoint City North Wing (including Yishun 10 Retail Podium)
- Tampines 1
- Tiong Bahru Plaza
- Waterway Point (50.00% interest)
- White Sands
- Central Plaza (office property)
Investment Highlights
- Stable shopper footfall driven by commuter traffic and residential catchment areas.
- Holds a 30.97% stake in Hektar Real Estate Investment Trust, a Malaysian retail-focused REIT.
- Listed on benchmark indices including FTSE EPRA/NAREIT Global Real Estate Index and FTSE ST Real Estate Investment Trust Index.
Corporate Information
Listed on the Singapore Exchange since 5 July 2006, FCT is managed by Frasers Centrepoint Asset Management Ltd. (FCAM), a wholly-owned subsidiary of Frasers Property Limited.