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FCT declares 3.04 cents for Q3 DPU

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Changi City Point clocked in lower gross revenue due to "transitional vacancy" due to the fitting-out of a new anchor tenant.


NOTWITHSTANDING a decline in revenue amid headwinds in the retail sector, Frasers Centrepoint Trust (FCT) still declared a distribution per unit (DPU) of 3.04 Singapore cents for the third quarter ended June 30, 0.1 per cent higher than a year ago.

The distribution to...