Frasers Cpt Tr Company profile
About Frasers Centrepoint Trust
Frasers Centrepoint Trust is a Singapore-based developer sponsored retail real estate investment trust (REIT). The principal activity of the Company is to invest in income-producing properties used primarily for retail purposes, in Singapore and overseas, with the primary objective of delivering regular and stable distributions to unitholders and to achieve long-term capital growth. Its property portfolio comprises approximately nine retail malls and an office building located in the suburban regions of Singapore. The retail portfolio has approximately 2.3 million square feet of net lettable area with over 1,400 leases with a focus on providing necessity spending, food and beverage and essential services. The Company's portfolio includes Causeway Point, Northpoint City North Wing, Yishun 10 Retail Podium, Changi City Point, Tampines 1, Tiong Bahru Plaza, Century Square, Hougang Mall, White Sands and Central Plaza. Frasers Centrepoint Asset Management Ltd. is the manager of the Company.
Financial summary
BRIEF: For the fiscal year ended 30 September 2021, FrasersCentrepoint Trust revenues increased from SP$164.4M toSP$341.1M. Net income increased 11% to SP$168.6M. Revenuesreflect Causeway Point segment increase of 14% to SP$75.2M,North Point segment increase of 16% to SP$46.7M. Net incomewas partially offset by Share of results of associatesdecrease from SP$75.3M (income) to SP$1.4M (expense).
Equity composition
2007 Financials reflects figures from the date ofincorporation which includes financials pertaining to2006 (4 months figures) as reported by Co - Breakup notavailable exclusively for FY2007