Should You Invest In Frasers Centrepoint Trust [Fundamental Analysis]

In this article, we'll be conducting a fundamental analysis of Frasers Centrepoint Trust and its suitability to achieve the following investment objective: To deliver a stable dividend yield of 5% to 6% per year while having a high degree of capital preservation ability.

Information Is Accurate Up To Oct 2023

Business Description

Frasers Centrepoint Trust is a Retail REIT listed in 2006 and owns 12 properties in Singapore (11 suburban retail malls & 1 office).

What I Like About Frasers Centrepoint Trust:

• Very stable distribution (Fig 8)
  

• 100% of their assets are in Singapore
  

• Management has a very clear strategy (focus on suburban malls)
  

• Portfolio occupancy and rental reversion are resilient (Fig 11 & 12)
  

• Management has displayed competency in managing its debt