You are here

FCT posts 0.7% rise in DPU for 1st quarter (Amended)

But net property income falls 5.7% to S$31.6m, mainly dragged by Northpoint
Saturday, January 21, 2017 - 05:50

Causeway Point achieved an average 10.6 per cent increase in rents and accounted for 52.8 per cent of FCT's net property income during the quarter.


FRASERS Centrepoint Trust (FCT) reported a 0.7 per cent rise in distribution per unit (DPU) to 2.89 Singapore cents for the fiscal first quarter ended Dec 31, 2016, thanks to a higher proportion of management fees payable in units.

Gross revenue for the quarter slipped 6.

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom