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Brokers' take

Published Wed, Apr 24, 2019 · 09:50 PM
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Frasers Commercial Trust | Neutral April 24 close: S$1.49 Target price: S$1.50 RHB Research Institute, April 24

We remain neutral pending more visibility on Alexandra Technopark (ATP) leases, where occupancy has been sub-optimal, and redeployment of divestment proceeds.

Distribution per unit (DPU) is expected to maintain stable. We expect higher capital distributions to offset the loss of i…

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