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Frasers Logistics and Commercial Trust (FLCT)
Broker's Calls
Brokers' Digest: KREIT, Seatrium, SIAEC, Sats, Riverstone, CEREIT, Food Empire, FLCT, CDG, MUST, Sheng Siong, Uni-Asia
See what the analysts have to say this week.
April 04, 2024
Results
FLCT maintains occupancy and WALE in 3QFY2023, but weakening Australian dollar threatens income
49.3% of Frasers Logistics and Commercial Trust's portfolio is located in Australia.
August 01, 2023
Broker's Calls
Frasers Logistics & Commercial Trust's strong rental reversions keep analysts positive
DBS and CGS-CIMB analysts maintain “buy” and “add” calls with TPs of $1.55 and $1.52 respectively.
May 08, 2023
Results
FLCT sees ‘healthy leasing momentum’ in 1QFY2023
During the quarter, the REIT saw some 239,500 sqm in leases and renewals. Rental reversions stood positive at 2.8%.
February 02, 2023
Broker's Calls
UOB Kay Hian keeps ‘buy’ on FLCT in spite of German economy slowdown
Analyst Jonathan Koh says the German economy could be the REIT’s “Achilles’ heel”.
September 08, 2022
Results
FLCT reports occupancy rate of 96.5% in 3QFY2022
As at June 30, FLCT has 105 properties across five countries with a portfolio value of $6.5 billion.
August 05, 2022
Broker's Calls
Analysts positive on FLCT upon completion of Cross Street Exchange divestment
The analysts also like the REIT’s ‘stable’ 1HFY2022 results
May 10, 2022
REITs
S-REITs go shopping overseas
Acquisitions continue apace as some REITs opt to acquire at the development stage for better NPI yields
December 02, 2021
REITs
FLCT raises $150 mil in maiden sustainability notes
The notes were issued under a newly established sustainable finance framework.
July 16, 2021
Results
Frasers Property suffers loss of $45.7 mil for 2H, FY20 earnings down 66.4% to $188.1 mil
A final ordinary dividend of 1.5 cents has been recommended, which will be paid on Feb 10, 2021.
November 11, 2020