On 29 April 2025, Frasers Centrepoint Trust (“FCT”) have announced their half year result for FY2025. There were no significant changes during this quarter, and their portfolio continues to remain stable. FCT has increased the percentage of debt hedged to fixed interest rate from the previous quarter, which may be a good move from FCT management to mitigate the risk of potential interest rate increases with the ongoing trade war. Investors will need to monitor over the next few quarters if there are any impacts. The equity fund raising that was completed in April 2025 also seems to be well received, with the share price being able to remain above the subscription share price throughout the period. The proceeds will be used to fund the acquisition of Northpoint City South Wing and repay existing debts. This will continue to consolidate FCT’s position as Singapore’s leading prime suburban retail space owner, while improving their debt profile....