Shares & Derivatives
HP Enterprise to Not Renew the Lease for Alexandra Technopark | Frasers Commercial Trust
By Investment Moats  •  September 23, 2017
I written about office real estate investment trust (REIT) Frasers Commercial Trust (FCOT) in the past and invested in it. It is a good REIT with a management with good current track record. The uncertainty surrounding it is that HP in the past commission Mapletree Industrial Trust to do a built to suit building before HP split into HP Enterprise and HP Singapore.  There is uncertainty whether the 2 entities will move away from Alexandra Technopark. Together, they form 17% of FCOT’s gross rental income. This will impact FCOT this year and next year’s result. In my article on tackling the uncertainties surrounding your REIT systematically, we address the potential impact of a few uncertainties surrounding FCOT, including this big one. On 22nd Sep 2017, Frasers Commercial Announced that HP Enterprise will not be renewing the lease for Alexandra Technopark. They are still in discussion with HP Singapore for ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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