Waterway Point, of which a stake is being acquired by Frasers Centrepoint Trust. (Photo: REITsWeek)Waterway Point, of which a stake has been acquired by Frasers Centrepoint Trust. (Photo: REITsWeek)

Suburban retail landlord Frasers Centrepoint Trust (FCT) was the top Singapore Exchange (SGX)-listed REIT disposed of by institutional investors last week.

FCT is a retail-focused REIT and it owns a portfolio of nine retail assets across Singapore.

During the trading week that began on 30 September, FCT saw an SGD15.3 million net outflow of institutional funds.

Related: CapitaLand REIT draws in SGD41 million from institutional investors

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.