Basic Profile & Key Statistics Frasers Centrepoint Trust (FCT) invests mainly in Retail malls in Singapore and currently owns 10 properties in Singapore.
Performance Highlight Performance has improved YoY mainly due to ARF acquisition. 

Retail portfolio rental reversion is at -0.6% based on final year rent of outgoing lease versus first-year rent of incoming lease. It would be +2.1% based on the average rent of incoming lease versus average rent of the outgoing lease.
As compared to pre-COVID, despite the traffic at only 50-60%, tenant sales have recovered to more than 90%. 

Related Parties Shareholding

REIT sponsor's shareholding is high at 41.026%REIT manager's shareholding is high at 4.316%Directors of REIT manager's shareholding is low at 0.074%
Lease Profile

Occupancy is slightly high at 97.3%WALE is short at 1.64 yearsHighest lease expiry within 5 years is high at 35.6% which falls in FY2022Weighted average land lease expiry is slight long at 72.05 years
Debt Profile

Gearing ratio is...