---
title: "Stocks to watch: FCT, Lendlease Global Commercial Reit, Parkway Life Reit, Jumbo Group, ValueMax"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291348859.md"
description: "Frasers Centrepoint Trust is divesting White Sands mall for S$467 million, planning to use proceeds to repay debt. Parkway Life Reit sold a Japan nursing home property for 1.165 billion yen, realizing a premium over its acquisition price. Both REITs saw slight stock declines prior to these announcements."
datetime: "2026-07-01T00:46:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291348859.md)
  - [en](https://longbridge.com/en/news/291348859.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291348859.md)
generator: "portal-rs"
---

# Stocks to watch: FCT, Lendlease Global Commercial Reit, Parkway Life Reit, Jumbo Group, ValueMax

\[SINGAPORE\] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 1):

Frasers Centrepoint Trust (FCT) : The real estate investment trust (Reit) is divesting White Sands mall for S$467 million, which represents an 8.4 per cent premium over a May 31 independent valuation. The divestment of the Pasir Ris mall is expected to be completed around Sep 30. The manager on Tuesday said it intends to use the estimated net proceeds of about S$454.1 million to repay debt, after accounting for divestment-related expenses of about S$2.8 million. The counter closed at S$2.26 on Tuesday, down 1.3 per cent or S$0.03, before the announcement.

Parkway Life Reit : The manager of the trust on Tuesday said it sold a Japan nursing home property for 1.165 billion yen (US$7.2 million). The figure represents a premium of around 38 per cent over its acquisition price in 2008, and is around 5 per cent above its latest valuation as at Dec 31, 2025. Units of Parkway Life Reit ended at S$4.05 on Tuesday, down 0.7 per cent or S$0.03, prior to the announcement.

### Related Stocks

- [C2PU.SG](https://longbridge.com/en/quote/C2PU.SG.md)
- [J69U.SG](https://longbridge.com/en/quote/J69U.SG.md)
- [JYEU.SG](https://longbridge.com/en/quote/JYEU.SG.md)
- [42R.SG](https://longbridge.com/en/quote/42R.SG.md)
- [T6I.SG](https://longbridge.com/en/quote/T6I.SG.md)
- [LLC.AU](https://longbridge.com/en/quote/LLC.AU.md)

## Related News & Research

- [PLife REIT H1 DPU rises 14.6% on higher SG hospital contributions](https://longbridge.com/en/news/294764820.md)
- [Frasers Centrepoint Trust posts 99.6% occupancy for Q3](https://longbridge.com/en/news/293945022.md)
- [Singapore’s CapitaLand, Malaysian billionaire brothers’ IOI Properties reportedly near $1.9B deal to buy one of city-state’s tallest towers](https://longbridge.com/en/news/296569479.md)
- [Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore](https://longbridge.com/en/news/296566269.md)
- [LEAD Launch Leaves Accountable Care Technology Buyers Little Time for a Wrong Decision, Q3 Study](https://longbridge.com/en/news/296106866.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**