Annual Report 2020 / 1
Waterway Point ANNUAL REPORT 2020 / 1 AGILITY & TENACITY At Frasers Centrepoint Trust, we believe having the right focus, relevant scale, and local expertise are critical success factors for retail real estate. This will give us a sustained competitive advantage, while placing us in a stronger position to deliver long-term unitholder value. As we navigate through a volatile, uncertain, complex and ambiguous operating environment, we must be agile and tenacious as an organisation to be able to sustain over the long term. In the face of adversity, we are investing with agility to strengthen our organisational culture and structure, ensuring quality and consistent systems and processes across our businesses. We demonstrate tenacity by strengthening FCT’s well-diversified portfolio with earnings underpinned by a resilient base of retail properties generating recurring income. We will continue to evolve, reinvent and thrive as a Retail REIT in the post COVID-19 world, as we remain committed to sustainable value creation and delivering steady returns for our stakeholders. CONTENTS Overview Asset Portfolio 02 About Frasers Centrepoint Trust 50 FCT Portfolio Overview 03 Structure of FCT and Organisation 52 Causeway Point Structure of the Manager 54 Northpoint City North Wing and Yishun 10 04 Business Objectives and Growth Strategies Retail Podium 05 FY2020 Highlights 56 Waterway Point 06 Key Events 58 Changi City Point 08 5-Year Performance at a Glance 60 Bedok Point 10 Unit Price Performance 62 YewTee Point 12 Letter to Unitholders 64 Anchorpoint
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