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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

Published Sat, Apr 24, 2021 · 05:50 AM

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."