Stock Analysis: Frasers Cpt Tr | Lianhe Zaobao

Zaobao
2025.10.24 13:26
portai
I'm PortAI, I can summarize articles.

Frasers Centrepoint Trust recommends buying, with a target price of SGD 2.70, and a closing price of SGD 2.44 (-0.41%). Due to a significant decline in interest rates, the trust will benefit from reduced borrowing costs. Although Cathay Cineplexes has ceased operations in its shopping centers, leading to a decrease in occupancy rate to 98.1%, the trust is actively seeking new tenants and considering reconfiguring spaces to increase rental income. The asset enhancement plan for the rear port area is expected to be completed by September 2026, with new commercial space already receiving pre-commitments