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FCT portfolio occupancy stable for Q3 even as shopper traffic trends lower

Published Thu, Jul 22, 2021 · 09:50 PM

Singapore

FRASERS Centrepoint Trust (FCT) said its retail portfolio occupancy remained stable during the third quarter ended June, despite disruptions from Covid-19.

In a quarterly business update lodged on Thursday, FCT said committed portfolio occupancy across its retail portfolio stood at 96.4 per cent as at June 30, slightly higher than the 96.1 per cent in end-March.