For a real estate investment trust (REIT) that achieved eleven consecutive years of distribution per unit (DPU) growth, the trust manager of Frasers Centrepoint Trust (FCT) must be doing something right. You don’t simply sleepwalk to such fantastic results with mediocre management.
On looking back, the management has done a great job in growing this S-REIT. Over the last 5 years, FCT had registered total returns of 55.2%, outperforming both the FTSE Straits Times Index and the FTSE REIT Index. Net Asset Value (NAV) per Unit increased 4.7% year-on-year to $2.02 per unit, due to gains from revaluation of portfolio properties.
Nonetheless, in my point of view, Frasers Centrepoint Trust may be facing a baptism of fire in the coming months. Therefore, it may be prudent to adopt a wait-and-see approach before investing in this counter. Read on to find out why.
[This is a premium article. The rest of the content is blocked and can be accessible by SG Wealth Builder Members only. To read the full content, please sign up as member.]
Sign up as member and receive a bonus investment report on Singapore stocks! The membership benefits include:
1) Access to the latest premium articles of SG Wealth Builder
2) Email notifications of latest blog articles
3) Access to Wealth Forum for investment ideas and discussion
4) Free bonus investment report
5) Request for coverage on stocks, insurance and other personal financial topics
6) Comment in articles and Wealth Forum
Note: After payment is made, you will be prompted with registration form to create your userid and personal password.
You may sign up for the monthly subscription for only $19.99 per month. You can choose to cancel the subscription after one month with no penalty.
[wlm_paypalps_btn name=”SG Wealth Builder (Monthly Recurring)” sku=”0E2C0C62C0″ btn=”pp_pay:l”]
Subscribe to Blog via Email
SG Wealth Builder