SGX:J69URetail REITs
Frasers Centrepoint Trust (SGX:J69U) Leads Bayshore Bid, Is It Still 13% Undervalued?
The latest move by Frasers Centrepoint Trust (SGX:J69U) was the consortium’s top bid of S$2,100 million for the Bayshore Drive Government Land Sales site in Singapore’s eastern region, subject to government confirmation.
See our latest analysis for Frasers Centrepoint Trust.
At a share price of S$2.25, Frasers Centrepoint Trust has seen its share price decline 3% year to date, while long term investors have experienced an 8.19% 1 year total shareholder return and 22.95% total shareholder...