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FCT's DPU for Q417 climbs to 2.97 cents

Nisha Ramchandani
Published Wed, Oct 25, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

FY2018 is expected to be a more stable financial year for Frasers Centrepoint Trust (FCT) thanks to positive rental reversions achieved during FY17 and a rejuvenated Northpoint City North Wing (NPNW).

Amid a slower retail environment, FCT nonetheless reported a 5.5 per cent increase year on year in distribution per unit (DPU) to 2.97 Singapore cents.

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