Frasers Centrepoint Trust's Retail Portfolio Looks Resilient -- Market Talk

Dow Jones10-23

0228 GMT - Frasers Centrepoint Trust's 2H results show its retail portfolio strength despite the exit of cinema operator Cathay Cineplexes at two malls, says Citi's Brandon Lee in a note. The REIT's retail portfolio booked strong occupancy, higher rental reversion and tenant sale improvements, he says. Lee expects the two affected malls to easily sign new tenants with decently higher rental leases, given that cinemas have relatively lower rent compared with the REIT's passing portfolio rent. While Frasers Centrepoint Trust's units have outperformed the sector year to date, Lee continues to be bullish on the Singapore retail REIT thanks to its suburban retail portfolio. Citi maintains its buy rating and S$2.51 target. Units are flat at S$2.44. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

October 22, 2025 22:28 ET (02:28 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2577167347?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-23 10:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2577167347","market":"other","top_or_hot":-1,"title":"Frasers Centrepoint Trust's Retail Portfolio Looks Resilient -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0228 GMT - <a href=\"https://laohu8.com/S/FRZCF\">Frasers Centrepoint Trust</a>'s 2H results show its retail portfolio strength despite the exit of cinema operator Cathay Cineplexes at two malls, says Citi's Brandon Lee in a note. The REIT's retail portfolio booked strong occupancy, higher rental reversion and tenant sale improvements, he says. Lee expects the two affected malls to easily sign new tenants with decently higher rental leases, given that cinemas have relatively lower rent compared with the REIT's passing portfolio rent. While Frasers Centrepoint Trust's units have outperformed the sector year to date, Lee continues to be bullish on the Singapore retail REIT thanks to its suburban retail portfolio. Citi maintains its buy rating and S$2.51 target. Units are flat at S$2.44. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 22, 2025 22:28 ET (02:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Centrepoint Trust's Retail Portfolio Looks Resilient -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Centrepoint Trust's Retail Portfolio Looks Resilient -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-23 10:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0228 GMT - <a href=\"https://laohu8.com/S/FRZCF\">Frasers Centrepoint Trust</a>'s 2H results show its retail portfolio strength despite the exit of cinema operator Cathay Cineplexes at two malls, says Citi's Brandon Lee in a note. The REIT's retail portfolio booked strong occupancy, higher rental reversion and tenant sale improvements, he says. Lee expects the two affected malls to easily sign new tenants with decently higher rental leases, given that cinemas have relatively lower rent compared with the REIT's passing portfolio rent. While Frasers Centrepoint Trust's units have outperformed the sector year to date, Lee continues to be bullish on the Singapore retail REIT thanks to its suburban retail portfolio. Citi maintains its buy rating and S$2.51 target. Units are flat at S$2.44. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 22, 2025 22:28 ET (02:28 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6142","symbol_name":"多户式住宅房地产信托","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2577167347","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2577167347","pubTimestamp":1761186480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0228 GMT - Frasers Centrepoint Trust's 2H results show its retail portfolio strength despite the exit of cinema operator Cathay Cineplexes at two malls, says Citi's Brandon Lee in a note. The REIT's retail portfolio booked strong occupancy, higher rental reversion and tenant sale improvements, he says. Lee expects the two affected malls to easily sign new tenants with decently higher rental leases, given that cinemas have relatively lower rent compared with the REIT's passing portfolio rent. While Frasers Centrepoint Trust's units have outperformed the sector year to date, Lee continues to be bullish on the Singapore retail REIT thanks to its suburban retail portfolio. Citi maintains its buy rating and S$2.51 target. Units are flat at S$2.44. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6142":"多户式住宅房地产信托","CFA.SI":"NikkoAM-STC Asia REIT","FRZCF":"Frasers Centrepoint Trust","BK6137":"零售房地产信托","BK4231":"零售房地产信托","BK6011":"零售业房地产投资信托","BK6512":"房地产股","8C8U.SI":"Cent Accom REIT","J69U.SI":"星狮地产信托","BK4080":"零售业房地产投资信托"},"translate_title":"Frasers Centrepoint Trust的零售投资组合看起来很有弹性——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFA.SI":0.9,"FRZCF":1.5,"8C8U.SI":0.9,"J69U.SI":0.9},"content_text":"0228 GMT - Frasers Centrepoint Trust's 2H results show its retail portfolio strength despite the exit of cinema operator Cathay Cineplexes at two malls, says Citi's Brandon Lee in a note. The REIT's retail portfolio booked strong occupancy, higher rental reversion and tenant sale improvements, he says. Lee expects the two affected malls to easily sign new tenants with decently higher rental leases, given that cinemas have relatively lower rent compared with the REIT's passing portfolio rent. While Frasers Centrepoint Trust's units have outperformed the sector year to date, Lee continues to be bullish on the Singapore retail REIT thanks to its suburban retail portfolio. Citi maintains its buy rating and S$2.51 target. Units are flat at S$2.44. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 22, 2025 22:28 ET (02:28 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2577167347","isCrawlerRequest":true}