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FCT posts 3.6% drop in Q4 DPU to 2.862 Singapore cents

Net property income fell 4.9% to S$32.88 million, while gross revenue rose 0.5% to S$48.51 million

FCT's property portfolio comprises Bedok Point (above) and other malls such as Causeway Point and Northpoint City North Wing.


FRASERS Centrepoint Trust (FCT) posted a 3.6 per cent dip in distribution per unit (DPU) to 2.862 Singapore cents for its fiscal fourth quarter, down from 2.97 cents a year ago.

For the quarter under review, net property income (NPI) fell 4.9 per cent to S$32.88 million,...

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