The manager of Frasers Logistics & Commercial Trust BUOU has renewed its lease with the Commonwealth of Australia (Services Australia) at Caroline Chisholm Centre.
Under the new agreement, Services Australia is set to take up the property’s entire lettable area for a term of 12 years, which will commence from July 5, 2025.
Shares in FLCT closed 2 cents lower, or down 1.74%, at $1.13 on Oct 10.
