One of the best retail REIT in Singapore: Frasers Centrepoint Trust REIT

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. FCT’s property portfolio comprises 9 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 2.2 million square feet of net lettable area with over 1,400 leases with a strong focus on providing necessity spending, food & beverage and essential services.

FCT is among the TOP 10 largest Singapore REITs (“S-REITs”) by market capitalization. Moreover, FCT is constituent of several benchmark indices. These include the likes of FTSE EPRA/NAREIT Global Real Estate Index Series (Global Developed Index), FTSE ST Real Estate Investment Trust Index, MSCI Singapore Small Cap Index and the SGX iEdge S-REIT Leaders Index.

FCT has an asset under management of SGD 6.2 billion.

Let’s take a look at what Frasers Centrepoint Trust has to offer. Let’s find out!
https://learntoinvests.com/frasers-centrepoint-...