TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from Frasers Centrepoint ( (SG:J69U) ).
Frasers Centrepoint Trust has announced the automatic renewal of the property management agreement for Northpoint City South Wing for an additional 12 months starting from July 2025. This renewal ensures continuity in management and resource deployment, aligning with the management agreements across all retail malls owned by the trust. The decision leverages the Property Manager’s track record and familiarity with the property, while also benefiting from economies of scale by having the same manager for both Northpoint City South Wing and the adjoining Northpoint City North Wing.
The most recent analyst rating on (SG:J69U) stock is a Buy with a S$2.68 price target. To see the full list of analyst forecasts on Frasers Centrepoint stock, see the SG:J69U Stock Forecast page.
More about Frasers Centrepoint
Frasers Centrepoint Trust is a Singapore-based real estate investment trust that focuses on retail properties. It is managed by Frasers Centrepoint Asset Management Ltd. and owns a portfolio of retail malls, including Northpoint City South Wing and Northpoint City North Wing.
YTD Price Performance: 7.14%
Average Trading Volume: 4,944,566
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$4.44B
Find detailed analytics on J69U stock on TipRanks’ Stock Analysis page.