FCT, whose portfolio includes Northpoint City, has been ranked by OCBC as the most resilient as it is predominantly a suburban mall Reit.
PHOTO: FRASERS PROPERTY
Singapore
SUBURBAN malls are outperforming those located elsewhere even as online shopping gains in popularity, OCBC says.
In a commentary on Singapore retail real estate investment trusts (Reits), OCBC credit analyst Seow Zhi Qi noted that online sales rose to a high of S$479...
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