Frasers Centrepoint Trust H1 DPU jumps 28%; it aims to focus on larger malls
DPU of 5.996 Singapore cents compares with 4.67 cents in previous corresponding period
Singapore
FRASERS Centrepoint Trust (FCT) intends to concentrate on larger malls as part of its portfolio management strategy.
Speaking at a briefing following the release of the real estate investment trust's results for its first half ended March 31, the chief executive of FCT's manager Richard Ng said: "It's been identified, as part of our strategy going forward, to keep to larger malls."
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