Portfolio
Frasers Centrepoint Trust has 6 suburban malls in its portfolio. They are Causeway Point, North Point, Changi City Point, Bedok Point, Yew Tee Point and Anchor Point.
Frasers Centrepoint Trust also holds 31.17% of the units in Hektar Real Estate Investment Trust (“H-REIT”). H-REIT is a retail-focused REIT in Malaysia comprising of Subang Parade in Selangor, Mahkota Parade in Melaka, Wetex Parade and Classic Hotel in Muar, Johor, Central Square in Sungai Petani and Landmark Central in Kulim, both located in Kedah.
Occupancy
As of 1st Quarter 2017, the overall average occupancy of its suburban malls is 91.3%.
The following is the breakdown
- Causeway Point – 99.7%
- North Point – 81.9%
- Changi City Point – 85.9%
- Bedok Point – 82.9%
- Yew Tee Point – 96.2%
- Anchor Point – 95.3%
At a glance, we can see that Causeway Point has the highest occupancy. North ......