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Brokers' take
Published Mon, Jul 18, 2016 · 09:50 PM
Frasers Centrepoint Trust | Sell July 18 close: S$2.17 Target price: S$1.90 Maybank Kim Eng Research, July 18
Results are largely to expectations as medium-term pain from Northpoint's asset enhancement initiative (AEI) was well anticipated.
But the on-going difficulties at Changi City Point (CCP) were less so; vacancy there cratered to 81.3 per cent versus 89.3 per cent in Q2.
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