Fraser Commercial Trust

Fraser Commercial Trust: CLSA features co. as amongst its 14 co’s present at its Asean Access Day. House note that FCOT has a high quality portfolio spread across SG and Aus, and revealed strong organic opportunities in SG assets, and also hotel redevelopment potential. Sale of Keypoint to third party highlights alignment to shareholder interests, while expansion opportunities exist and the REIT is cheap vs peers at 0.8x NAV