Broker Name: DBS
Date of Report: 1Q26 (Inferred as the report covers 1QFY26 operational update; exact date not stated but context suggests early 2026)

Excerpt from DBS report.

Report Summary

• Frasers Centrepoint Trust (FCT) achieved near-full occupancy at 99.9% after successfully replacing cinema tenants at Causeway Point and Century Square, supporting improved tenant sales and shopper traffic.
• Asset enhancement initiatives (AEIs), including ongoing upgrades at Hougang Mall (over 80% pre-committed, targeting 7% ROI) and the upcoming NEX AEI, are expected to drive further growth, with management guiding for a +5% rental reversion and stable interest costs.

Above is an excerpt from a report by DBS. Clients of DBS can be the first to access the full report from the DBS website : https://www.dbs.com.sg