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Frasers Centrepoint Trust is Increasing its Stake in NEX Mall: Should Investors Rejoice?

Frasers Centrepoint Trust (SGX: J69U), or FCT, is a retail REIT with a portfolio of nine suburban malls located in the heartland areas along with one office property. The REIT manager had a busy year back in fiscal 2023 (FY2023) ending 30 September 2023. FCT acquired a 25.5% interest in NEX Mall for close to […]

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