On 25 October 2024, Frasers Centrepoint Trust (“FCT”) have announced their full year result for FY2024. There are no significant changes to be reported this quarter, with the metrics remaining relatively unchanged and healthy as compared to the previous quarter. DPU did see a decrease by 0.9% compared to the previous financial year, given the larger number of units with the private placement done in FY2024. Something investors should take note of as we move into FY2025 to determine if it will be accretive or not.
On a separate note, the Tampines 1 AEI was also completed on schedule in August 2024. With a 100% committed mall occupancy and a fresh look, looking forward for it to fully contribute back to our distributions in the new financial year.
Website: Financial Statements And Related Announcement::Full Yearly Results
Photo source: https://www.frasersproperty.com/press-releases/2023/july/fct-taps-ocbc-green-financing-solution
Financial Highlights
Distribution Per Unit (“DPU”)
| Metrics |
Current |
Previous |
| Distribution Per Unit |
-0.9% |
No Info |
...
