Frasers Centrepoint Trust property in Yishun, Northpoint Shopping Centre. (Photo: REITsWeek)

Singapore-listed retail-focused REIT Frasers Centrepoint Trust (FCT) saw some SGD10 million in net institutional fund outflow for the trading week that began on 26 April.

This is the same week in which the Singapore government announced a slew of measures to contain a sudden surge of COVID-19 cases across the country, including restrictions for entry into retail malls.

Related: Singapore tightens entry into retail malls on emergence of new COVID-19 clusters

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.