Sporeshare
10:10

$Frasers L&C Tr(BUOU.SI)$  

 Frasers L&C Tr - 1st quarter results update is out! The metrics seem improved quite a fair bit as compared to FY financial numbers. Average rental reversion is up 36.4 anf Total rental reversion of 13.6 percent for the total L&I. Total occupancy rate improved from 95.1 to 96.2 percent.

Overall the average rental reversion increased 29.8% and Total positive rental reversion of 10.7% is quite a vast improvement! The numbers looks good!

The cost of borrowings is 3.1% seem not too bad.

Gearing decreased from 35.6 % to 34.8%.

ATP: Secured leases for ~83% (▲from

58% as at 30 Sep 25) of ex-Google space.

Occupancy at 74.5%, if excluding

committed leases yet to commence. All

committed leases will commence no later than 3rd quarter of 2026.

WALE 4.9 years.

S$251 million of undrawn committed facilities are currently available to meet

upcoming debt obligations of S$60 million due in 2QFY2026.

ICR 4.1x. Seem good!

https://sporeshare.blogspot.com/2026/02/frasers-l-tr-1st-quarter-results-update.html

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment