The principal activity of the Company is to invest in various properties used primarily for retail purposes, in Singapore and overseas. Services. … Shopping Malls. Call Us. The Centrepoint Shopping Malls. Share. After accounting for the incremental rental waivers, FY20 DPU of 9.042 cents was broadly in line, at 93.0% of our estimate. By Royston Yang. Frasers Centrepoint Trust to Acquire Remaining 63.1% in AsiaRetail Fund Limited for S$1.06 billion Find out more. 11. Stores; Blog; Download App; About; Rewards. PRESS RELEASE Frasers Centrepoint Trust to divest Anchorpoint for S$110 million SINGAPORE, 23 DECEMBER... | December 23, 2020 3129 2894. Call Us. Read More. Win An Advent Calendar This Christmas. Eastpoint Mall, Frasers Tower, Hougang Mall, Northpoint City, Robertson Walk, Tampines 1, The Centrepoint, Tiong Bahru Plaza, Valley Point, Waterway Point, White Sands and; YewTee Point; The latest version of Frasers Experience now comes in the form of a mobile application (app), which you can download from the App Store (for iOS mobile devices) or Google Play Store (for Android mobile … Earn Frasers Points. After accounting for the incremental rental waivers, Frasers Centrepoint Trust (SGX:J69U)'s FY20 DPU of 9.042 cents was broadly in line, at 93.0% of our estimate. The Centrepoint #01-30 . These food items were then collected and distributed to families in need, to bring the warmth of the festive season into every home. ^Minimum spending and redemption per FRx member per day at Anchorpoint. Throughout the decades, the eight-storey complex was home to many different tenants, including Teochew City Seafood Restaurant, Cold Storage, Marks and Spencer, TianPo Jewellery, and Metro. Facebook. 10.30am to 9pm … Open From. Contact; Privacy Policy; Terms and Conditions Menu. Ltd. became a wholly owned subsidiary of Frasers Property Retail Management Pte. 0. Order from up to 3 outlets at 1 mall with just 1 delivery fee on Frasers Makan Master. 6732 7655. Read More . Commercial Spaces. Rental reversions positive at 4.2%. On 28 February 2020, AsiaMalls Management Pte. Find Us. 4 Source: Cistri , August 2020. With that, the REIT owns 100% of ARF, which has five suburban malls — Tiong Bahru Plaza, White Sands, Hougang Mall, Century Square, and Tampines 1 — and one office property, Central Plaza, in its portfolio. Together with the original seven malls, FCT will establish a strong presence in the north-eastern and eastern regions of Singapore, he adds. Linkedin. FAQs. 10am to 10pm. Frasers Tower. 0. Christmas Rewards With Mastercard® Read More. *Minimum spending and redemption per FRx member per day at Changi City Point, Eastpoint Mall, The Centrepoint and Tiong Bahru Plaza. Gift Cards. Open From. We estimated positive rental reversion at 3.2% in 2HFY20 (1HFY20: 5.2%). Why is Frasers Centrepoint Trust doing this Offer? Find Us. Frasers Property Retail enhances digital offerings with the launch of Frasers eStore to its expanded membership base Find out more. 1 CapitaLand Mall Trust was renamed as CapitaLand Integrated Commercial Trust from 3 November 2020 10.6% 10.2% 8.8% 7.0% 6.1% 5.5% 4.7% 3.3% … Frasers Centrepoint Trust is a Singapore-based retail real estate investment trust (REIT). Both Frasers Centrepoint Trust and ARF's malls are well on track for recovery. Find Us. Call Us. As of 2019, the unit's portfolio includes 17 shopping malls in Singapore with The Centrepoint, Northpoint City, Bedok Point, Causeway Point, Eastpoint Mall, and others. Call Us. Across the participating Malls of Frasers Property, shoppers can easily donate their non-perishable food items1 at any of the designated The Food Bank Singapore donation boxes. Frasers Centrepoint Trust and ARF’s tenant sales improved further from Jul, with Aug tenant sales only down 2.2% and 0.6% respectively vs. a year ago, driven by household products, supermarket, jewellery and watches, and sports. From 13 November to 24 December, look forward to initiatives by the malls of Frasers Property Retail to share the warmth of Christmas with those in greater need as well as a flurry of games and giveaways with over $500,000 worth of rewards!. Yishun Northpoint; Woodlands Causeway Point; YewTee Point; Queenstown Anchorpoint; Punggol Waterway Point; Changi City Point; It will soon also own. You hereby grant frasers centrepoint malls a non-exclusive license to use, reproduce, edit and authorize others to use, reproduce and edit any of your Comments in any and all forms, formats or media. Frasers Centrepoint Trust (FCT) announced that it is proposing to raise up to S$1,394.2mil in an equity fund raising exercise in a bid to acquire all the remaining 63.1% stake in AsiaRetail Fund (ARF) at a purchase consideration of S$1,057.4mil.Including all acquisition fees and duties to be paid, the total acquisition cost will be S$1,108.8mil. Category. Source: Frasers Centrepoint Trust investor presentation. 6235 7566. Better Buy: CapitaLand Mall Trust Vs Frasers Centrepoint Trust. Using your Digital Gift Card is super easy - just present either of these at participating Frasers Property stores. Hair & Beauty Earn Frasers Points. PHOTO: SHIN MIN DAILY NEWS We take a look at two popular retail REITs, CapitaLand Mall Trust (CMT); and Frasers Centrepoint Trust (FCT), to see which makes the better investment choice. Receive a bonus $10 Frasers Property Digital Gift Card when you charge your purchases to your DBS/POSB Card at participating malls. HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of FCT has entered into sale and purchase agreements with unrelated third parties in relation to the proposed sale of each of the two strata lots. Yes. Telegram . 6755 1655. Scan your Frasers Experience (FRx) member QR code when you spend at participating malls to qualify. Shop and receive a festive wrapper set, and a $5 or $10 Frasers Property Digital Gift Card this holiday at the Malls of Frasers Property. Frasers Centrepoint Trust (SGX:J69U) (FCT) announced on Wednesday 23 December that it will be divesting Anchorpoint Shopping Centre for S$110 million. Frasers Centrepoint Trust being a focused suburban mall player would do better as a result. FCT needs approximately S$1,334.7 million to make the acquisition and to pare down debt. The sale consideration was negotiated after taking into account the asset’s independent appraised value of SGD110 million as at 15 September 2020. (ARF will also divest a non-Singapore retail mall Setapak Central so that its portfolio only contains local assets.) Reviewing the best products. FCT is acquiring the remaining stake in a portfolio of 6 suburban malls as shown below. The Company's segments include Causeway Point, Northpoint, Anchorpoint, YewTee Point, Bedok Point and Changi City Point. Singapore is well known as a shoppers’ paradise. Formerly Frasers Centrepoint Singapore, the Frasers Property Singapore business unit covers developments, assets, and property management in Singapore. The Centrepoint is managed by Frasers Property, which is a wholly owned subsidiary of Fraser & Neave. Open From. Alexandra Technopark . High occupancy of 94.9% maintained. Ltd. FCT has also increased its stake in the PGIM ARF Retail Portfolio lately which includes 5 suburban malls – Tiong Bahru Plaza, Hougang Mall, White Sands Mall, Century Square and Tampines 1. Contact Us; View Our Properties Shopping Malls. Anchorpoint ... A Christmas to Remember at the Malls of Frasers Property. FCT’s market share excludes Bedok Point. Ahava. Tiong Bahru Plaza; Hougang Mall ; Pasir Ris White Sands; Tampines Century Square; Tampines 1; … Rental reversions positive at 4.2%. Anchorpoint Bedok Point Causeway Point Century Square Changi City Point Cross … Frasers Centrepoint Trust Proposed Acquisition of Approximately 63.11% Remaining Interest in a Portfolio of 5 Retail Malls and 1 Office Property & Proposed Divestment of Bedok Point Updated 25 September 2020. The resiliency was attributed to the good locations of Frasers Centrepoint Trust’s suburban malls that are well connected to MRT stations and have strong catchment of residential population. You may add multiple digital gift cards to your e-wallet with a maximum limit of $999. High occupancy of 94.9% maintained. Read More. September 17, 2020. Northpoint City South Wing, #B1-113 Pet Lovers Centre is also located at Anchorpoint, Bedok Point, The Centrepoint, Valley Point, Hougang Mall & White Sands. Most Wanted Deals ALL MALLS ALEXANDRA TECHNOPARK ANCHORPOINT BEDOK POINT CAUSEWAY POINT CENTURY SQUARE CHANGI CITY POINT CROSS STREET EXCHANGE EASTPOINT MALL FRASERS TOWER HOUGANG MALL NORTHPOINT CITY ROBERTSON WALK TAMPINES 1 THE CENTREPOINT … Mr Low Chee Wah, Chief Executive Officer of Frasers Property Retail (1st row, 2nd … Local residents aged 18 and above may register as a Member via the FRx App or through Customer Service at any malls of Frasers Property. Eastpoint Mall; Frasers Tower; Hougang Mall; Northpoint City; Robertson Walk; Tampines 1; The Centrepoint; Tiong Bahru Plaza; Valley Point; Waterway Point; White Sands; YewTee Point; 10. Hyperlinking to our Content. This is a relevant and synergistic acquisition which can drive growth in FCT. Family outings at malls are a common weekend activity, and the island is dotted with malls of all shapes and sizes for the discerning consumer to choose from. As its portfolio of suburban malls are located near transportation nodes, they should be high on retailers’ priority list when they review their consolidation plans. Can I add more than one digital gift card to my e-wallet? FCT now owns. It was built in 1983. The expected net proceeds from the […] Preparing for your return to our properties Find out more. Happenings. … 2 This presentation shall be read in conjunction with Frasers Centrepoint Trust’s(“FCT”)announcement “(I)THE PROPOSED ACQUISITION OF APPROXIMATELY 63.11% OF THE … That is also why retail … Frasers Property Retail’s First-Ever Facebook Live Shopping Event . The Centrepoint #03-12. Frasers Centrepoint Trust (SGX:J69U)’s acquisition of the remaining 63.1% stake in AsiaRetail Fund (ARF) for S$1,057m was completed on 27 Oct 20.The acquisition added five suburban malls - Tiong Bahru Plaza, White Sands, Hougang Mall, Century Square and Tampines 1, bringing Frasers Centrepoint Trust’s total number of suburban malls to 11.; Total NLA has expanded 64% to 2.3m sf … Data as at the first quarter of 2020 ended 31 March 2020. The property will be divested to an unrelated third party. WhatsApp. What are the shopping malls owned by Frasers Centrepoint Trust (FCT)? Robertson Walk Tampines 1 The Centrepoint Tiong Bahru Plaza Valley Point Waterway Point White Sands YewTee Point. • Managed by Frasers Centrepoint Asset Management Ltd. a wholly-owned subsidiary of Frasers Property Limited. Open From. 10am to 9pm. Singapore retail REIT, Frasers Centrepoint Trust (FCT) is divesting Anchorpoint Shopping Centre for SGD110 million (USD82 million). Read more at The Business Times. The Centrepoint is owned by Frasers Property. FRASERS Centrepoint Trust (FCT) may have just announced a sizeable deal, but the manager of the real estate investment trust (Reit) has no qualms about snapping up more properties if the right opportunities come along. The Centrepoint #04-101. 8am to 8.30pm (Mon-Fri) 8am to 6pm (Sat & Sun) Category. Limited to the first 30^ / 50* redemptions per day; from Friday to Sunday only. Frasers Centrepoint Trust to raise stake in owner of 5 suburban malls in Singapore for $197.2m Hougang Mall is one of five shopping malls near MRT stations owned by ARF. More than half of the retail operators in ARF are essential services, according to Richard Ng, CEO of Frasers Centrepoint Asset Management. ADVERTISEMENT. Sports & Leisure Adisha Torre. Frasers Centrepoint Trust achieved positive rental reversion of 4.2% for FY20. Various properties used primarily for retail purposes, in Singapore and overseas families in need, bring. 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