Frasers Centrepoint Trust
SSGX:J69U2.18
SGD
+0.07
(+3.32%)
ISIN
SG1T60930966
Return %
Stock
S&P 500
1Y
-11.02
13.14
3Y
6.69
80.78
5Y
-6.93
67.74
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
SGD
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in mil. unless spec.Semi-annual Earnings Per Share
SGD
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Richard Ng
- Full Time Employees
- 30
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 438 Alexandra Road Singapore CE Singapore 119958
- IPO Date
- Jul 6, 2006
- Website
- frasersproperty.com
- Similar Companies
- Business
- Frasers Centrepoint Trust is a developer-sponsored retail real estate investment trust (REIT) focused on income-producing suburban retail properties primarily in Singapore. Its core assets comprise retail malls including Causeway Point, Century Square, Hougang Mall, NEX (50% interest), Northpoint City (100% ownership after acquisition of South Wing), Tampines 1, Tiong Bahru Plaza, Waterway Point (50% interest), White Sands, and the office building Central Plaza. These properties provide approximately 3 million square feet of net lettable area with around 1,900 leases focusing on necessity spending, food & beverage, and essential services. The retail portfolio benefits from proximity to residential areas and transportation amenities, securing stable, recurring shopper footfall. The trust targets suburban retail shopping centers serving local communities across Singapore. Founded in 2006 and headquartered in Singapore, Frasers Centrepoint Trust is among the largest suburban retail mall owners in the country with assets under management valued at about S$8.3 billion. The trust regularly implements asset enhancement initiatives to increase rental yields and property valuations. Recent major changes include the significant acquisition of the South Wing of Northpoint City for S$1.17 billion in March 2025, which brought 100% ownership of the entire Northpoint City mall, a key suburban retail hub connected to Yishun MRT and bus interchange. This acquisition consolidates FCT's market share in suburban malls and enables holistic asset enhancement and tenant mix strategies to unlock value. Additionally, in September 2025, FCT completed the divestment of ten strata lots at Yishun 10 for S$34.5 million, with proceeds aimed at reducing debt and strengthening financial leverage. These moves demonstrate FCT's strategic expansion and portfolio management focus in Singapore's retail real estate sector. Frasers Centrepoint Trust operates within the retail real estate industry, catering mainly to necessity-based retail tenants and serving suburban residential populations. The trust is managed by Frasers Property Limited and maintains a strategic emphasis on stable income generation and long-term asset value growth within Singapore's suburban market.