Listed in March 2006, Frasers Commercial Trust (FCOT) owns a portfolio of office buildings and business park properties located in Singapore, Australia, and the UK. As at 30 September 2018, FCOT has six properties in its portfolio with a total appraised value of S$2.1 billion.

In this article, I’ll revisit its fundamentals, give an update on its latest financial results, and discuss its plans for growth in the future. I’ll also assess its current valuation with a handful of valuation metrics. Here are 13 things to know about Frasers Commercial Trust before you invest.

Property results

1. Gross revenue at China Square Central fell 11.2% year-on-year to S$23.3 million. This is due to a fall in occupancy rate to 79.8% from 94.4% a year ago due to renovation works for its retail podium in Q1 2018. The project is estimated to cost S$38 million and will increase lettable area