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FCT's Q3 DPU slips 1.7% on expanded unit base

Published Tue, Jul 23, 2019 · 09:50 PM

Singapore

CONTRIBUTIONS from Frasers Centrepoint Trust (FCT)'s holdings in associates PGIM Real Estate AsiaRetail Fund (PGIM ARF) helped to shore up third-quarter earnings for the retail landlord, as it faced lower net property income, higher borrowing costs and an expanded unit base.

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