On January 22, 2025, Frasers Centrepoint Trust released their updates for the first quarter of the fiscal year. In this update, the focus is primarily on how the trust is performing operationally. There will be brief mentions of debt status and occupancy rates, but they are holding off on any detailed financial results for now. We’ll also examine the current dividend yield to assess its attractiveness. As of now, Frasers Centrepoint Trust boasts a portfolio consisting of nine shopping malls and one office building. These include popular destinations like Causeway Point, Century Square, Hougang Mall, and NEX, where they hold a 50% interest. The list extends to Northpoint City North Wing (which incorporates the Yishun 10 Retail Podium), along with Tampines 1, Tiong Bahru Plaza, Waterway Point with another half-stake ownership, White Sands, and Central Plaza as their office asset.
The accompanying image showcases the portfolio details, allowing stakeholders to visually grasp the extent of their investments as of January 28, 2025.
