Frasers Centrepoint Trust (FCT) reports a strong financial year, underscoring the resilience of its suburban retail portfolio and the success of proactive asset management. The results were significantly boosted by strategic portfolio moves, including a key acquisition that cemented FCT’s position as the largest suburban retail mall owner in Singapore. Operational performance remains healthy, supported by high occupancy and strong leasing activity.
• Strategic portfolio transformation was completed through the major acquisition of a retail hub and the divestment of another property
• FCT achieved Regional Sector Leader status for sustainability in Asia, maintaining its highest rating for the fifth consecutive year
• Ongoing asset enhancement initiatives are progressing well, promising a refreshed shopper experience with strong leasing pre-commitment for the revitalized spaces