Frasers Centrepoint Trust's proposed acquisition of AsiaRetail Fund comes as suburban malls show resilience

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FRASERS Centrepoint Trust's (FCT) proposed acquisition of the rest of AsiaRetail Fund (ARF) will boost the real estate investment trust (Reit)'s suburban portfolio even as suburban malls are expected to recover more strongly from the negative impact of Covid-19 than their centrally located peers. Read more at The Business Times.

FRASERS Centrepoint Trust's proposed acquisition of the rest of AsiaRetail Fund will boost the real estate investment trust 's suburban portfolio even as suburban malls are expected to recover more strongly from the negative impact of Covid-19 than their.

 

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Stocks to watch: Frasers Centrepoint Trust, Frasers Property, CMT, CCT, PLife ReitTHE following companies saw new developments that may affect trading of their securities on Friday: Read more at The Business Times.
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CMT, CCT sweeten merger deal for unitholdersCAPITALAND Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) on Friday announced deal sweeteners for their proposed merger, such as higher accretion to their respective distribution per unit (DPU), and the decision of CMT's manager to completely waive the acquisition fee of S$111.2 million. Read more at The Business Times.
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