On 24 July 2025, Frasers Centrepoint Trust (“FCT”) announced their third quarter business update for FY2025. There has been a notable increase in aggregate leverage this quarter, which is unfavorable as it is close to the MAS limit of 50 per cent. The additional debt financing, as well as equity fund raising in April 2025, were used for the acquisition of Northpoint City South Wing during the… Source…