Frasers Centrepoint Trust (SGX: J69U) is Singapore’s biggest player in the suburban retail space now with 10 quality retail malls focused on providing Essential Services to mainly domestic catchment. As suburban malls were among the first to benefit from the post-pandemic recovery, investors are now thinking if Frasers Centrepoint Trust (FCT) is a good investment while we continue to ride on the recovery wave back to pre-pandemic levels.
Let’s take a deep dive into Frasers Centrepoint Trust’s track record, portfolio performance, and long-term growth catalysts as well as risks that investors should know about before investing.
Portfolio Overview
As of 31 March 2021, we can see that Frasers Centrepoint Trust has a very strong portfolio with well-populated malls in Singapore’s suburban area. On top of this, they also have an office asset (Central Plaza).
It is good to note that since the release of the 2H2021 results, the management has been very active i...