Shares & Derivatives
13 things to know about Frasers Commercial Trust before you invest (updated 2019)
By The Fifth Person  •  January 7, 2019
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...
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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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