Financial PerformanceFrasers Centrepoint Trust's portfolio outperforms peers with tenant sales 15-20% above pre-COVID levels, unaffected by the return-to-office trend.
Market PositionThe acquisition of NEX mall places Frasers Centrepoint Trust as the 'King of suburban retail malls' with a dominant position in the market.
Occupancy And Lease NegotiationsPortfolio occupancy remained high at 99.5%, enhancing FCT’s bargaining power in lease negotiations.
Revenue GrowthThere was a 7.1% year-on-year rise in gross revenue for the first half of the fiscal year, supported by higher occupancy and positive rental uplift.