DBS maintains ‘Buy’ on Frasers Commercial Trust after property enhancements

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DBS has maintained a ‘Buy’ rating on Frasers Commercial Trust (FCOT) after completing a tour on the REIT’s recently enhanced property known as Alexandra Technopark.

The asset enhancement initiative (AEI), which has introduced new amenities, will improve the REIT’s ability to attract new tenants, said the bank.

Alexandra Technopark is a property that has been closely watched by analysts, and investors in recent years.

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