Despite rising oil prices and utility costs, suburban retail REIT Frasers Centrepoint Trust (FCT) will remain sheltered in the near term from these effects.
This was the assessment provided by OCBC Investment Research in a 13 April note forwarded to REITsWeek.
“One of investors’ key concerns in the S-REITs sector is rising utility costs”, the research note posits, in reference to higher energy costs that have spiked in the wake of the Ukraine conflict.
Related: Frasers Centrepoint Trust unfazed by Singapore’s impending GST hike
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