With the implementation of Phase 2 (Heightened Alert) measures in May and June, Frasers Centrepoint Trust (FCT) shopper traffic fell to around 60% of pre-Covid-19 levels. 

That said, FCT’s retail portfolio occupancy is stable at 96.4%,says Frasers Centrepoint Asset Management, the manager of FCT, in its business updates for 3QFY2021 ended June. 

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