The Business Times
business-time-50

Frasers Commercial Trust posts flat Q1 DPU of 2.4 Singapore cents

google-preferred-sourceAdd BT as a preferred source
Sharanya Pillai

Sharanya Pillai

Published Wed, Jan 15, 2020 · 09:50 PM
Frasers Comm Trust

Singapore

MAINBOARD-LISTED Frasers Commercial Trust (FCOT) declared a distribution per unit (DPU) of 2.4 Singapore cents for the first quarter ended December, unchanged from a year ago.

Gross revenue rose 19.8 per cent year-on-year to S$37.8 million, while net property income (NPI) grew 26.5 per cent to S$26.7 million, boosted by higher rental income for China Square Central, Alexandra Technopark, Central Park and 357 Collins Street, as well as lower utilities expenses for Alexandra Technopark.

Reits

TRENDING NOW

Acting Minister-in-charge of Muslim Affairs Faishal Ibrahim resigned from political office on Jul 20.

Faishal Ibrahim resigns over online messages with a female member of the public

Alibaba’s Qwen alone has overtaken Meta’s Llama to become the most downloaded open-source model family in history.

When the disruptor gets disrupted: How Chinese open-source AI is eating its own industry

Employees may grumble about long hours, difficult clients or demanding deadlines, but often the biggest push factor is how they are treated.

What makes a good job? Feeling that you matter

CapitaLand Integrated Commercial Trust is spending S$160 million to revamp Plaza Singapura and The Atrium@Orchard.

Retail resets: Mall owners reposition shopping centres as Singapore’s consumer landscape evolves

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More