 CORPORATE PROFILE
Frasers Centrepoint Trust (FCT) is a leading developer-sponsored retail real estate investment trust (REIT) focused on growing shareholder value for its Unitholders through active asset management, sound financial management and strategic investments.
FCT’s portfolio consists of three quality suburban malls in Singapore with a combined appraised value of S$1.1 billion as at 30 September 2008. The well-established malls of Causeway Point, Northpoint and Anchorpoint, enjoy wide captive markets, good connectivity, high occupancy and a strong and sustainable income stream.
To unlock the full potential of its assets, FCT has undertaken asset enhancement initiatives designed to maximise each property’s performance. The potential injection of pipeline assets will help FCT gain greater scale and drive income growth for Unitholders. FCT also enjoys good overseas returns from a portfolio of quality regional malls in Malaysia via its 31% strategic investment in Hektar REIT.
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., a division of property company Frasers Centrepoint Limited, which is a wholly-owned subsidiary of Fraser and Neave, Limited.
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