Frasers Centrepoint Trust (FCT) announced their latest result. This for me, is one of the ways to tap into some of the best REIT managers in the region.

For starters, FCT has a great asset enhancement and rental management such that they do not ask for a lot of cash call (rights issues), yet was able to generate progressively better Dividends per share. Another good example are their good work in turning over Allco REIT from shit to FCOT with much better results (see report here).

Review FCT official results [here] and slides [here]

The key recent driver for FCT have been the purchase of Bedok Point adding a full quarter contribution compare to last year as well as Asset Enhancements to Causeway point.

Bedok Point turned out to be a good acquisition bringing in more property income than forecasted.

The key to good management

...