Fraser Centerpoint Trust - Poised For Recovery
FCT management has done a excellent job for potential growth recovery.
instead of following the routes of most reits chasing data centers which they may face issues such as
- lack of experience operating them
- acquisition route might be too costly in short term basis / may need to upgrade components
- profitability may be affected in long term if there is a over supply of data centers
They have widen the net to cover SG and increase its monopoly / market share.
Pros to note
- largest suburban mall reit player in Singapore
- foothold volume has improve greatly in Q3 with reduce COVID cases
- not heavily impacted as compared to town area retail reits which usually has higher foot traffic due to tourism
- good management system in place with decent gearing ratio and good cash management
Cons to note
- COVID reoccurrence may damper its potential growth
Year End Target -
High - 3.20
Low - 2.80
instead of following the routes of most reits chasing data centers which they may face issues such as
- lack of experience operating them
- acquisition route might be too costly in short term basis / may need to upgrade components
- profitability may be affected in long term if there is a over supply of data centers
They have widen the net to cover SG and increase its monopoly / market share.
Pros to note
- largest suburban mall reit player in Singapore
- foothold volume has improve greatly in Q3 with reduce COVID cases
- not heavily impacted as compared to town area retail reits which usually has higher foot traffic due to tourism
- good management system in place with decent gearing ratio and good cash management
Cons to note
- COVID reoccurrence may damper its potential growth
Year End Target -
High - 3.20
Low - 2.80