I try to visit its website the other day. lol website registration expire.... simple things like that cant manage..... I lose confident in this coy.

There are better REITS around...

This one float size too big...Hard to move..

Won't see any huge movement cos of the float size..

Good stock to long but for mid term...There are better Reits with better yield and smaller float..

It may be worth buying for the long term, not for short orr medium term. For medium term there are better reits such as Ascott and K-reit.

However in the long term, FCOT may provide good returns when next bull run comes.

Completion of refinancing of Frasers Commercial Trust’s debt


Singapore, 10 December 2009 – Further to the announcement made by Frasers Centrepoint Asset Management (Commercial) Ltd. (the “Manager”), as manager of Frasers Commercial Trust (“FCOT”) on 22 September 2009, the Manager is pleased to announce that Frasers Commercial Sub No. 3 Pte. Ltd., a newly incorporated wholly-owned subsidiary of British and Malayan Trustees Limited as trustee of FCOT (the “Trustee”), has today entered into a facility agreement pursuant to which the lender named therein has agreed to extend to Frasers Commercial Sub No. 3 Pte. Ltd. (the “Borrower”), a transferable term loan facility of A$150.0 million (the “AUD Facility”) for a term of three years from the date of drawdown of the AUD Facility. All sums payable by the Borrower under the AUD Facility are guaranteed by the Trustee.
Commonwealth Bank of Australia, Singapore Branch is the mandated lead arranger of the AUD Facility. The interest rate for the AUD Facility is the Australian BBSY rate plus a margin of 2.65% per annum (excluding upfront fees). The AUD Facility is secured by FCOT’s 50.0% interest in each of its Australian assets, namely Caroline Chisholm Centre in Canberra and Central Park in Perth.
The AUD Facility will be primarily used to repay amounts owing by FCOT pursuant to the Japanese Yen bi-lateral loan facility arranged by Commonwealth Bank of Australia, Singapore Branch and transactional costs, including upfront costs of establishing the AUD Facility.
Following the utilisation of the AUD Facility, which is expected to take place before the end of 2009, FCOT’s refinancing exercise will be complete and there will be no debt maturing until 2012.
In relation to the acquisition of Alexandra Technopark under Rule 1015 of the Listing Manual ofSingapore Exchange Trading Securities Limited and the issue of new units in FCOT on 26 August2009 pursuant to a rights issue, the sole financial adviser was DBS Bank Ltd. and the joint leadmanagers and underwriters were DBS Bank Ltd., BNP Paribas, Singapore Branch, Cazenove & Co.(Singapore) Pte Limited (a Standard Chartered group company)2 and Oversea-Chinese BankingCorporation Limited.