$FRASERS CENTREPOINT TRUST(J69U.SI)$Is consolidating around 2.7 and should be pushing back to precovid levels especially as Singapore continues to have a good handle on the pandemic management. Suburban mallshave strong fundamentals. I’ve just completed a physical walk through of Fraser malls and most shop spaces are well occupied and crowds are back. Even“temporary empty units” areas have been efficiently utilised by the mall with short term contracts with vendors such as Mark’s and Spenser to optimise shop spaces.