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Frasers Logistics & Commercial Trust
Broker's Calls
Citi lowers FLCT's TP to $1.24, cuts FY2024 and FY2025 DPU estimates by 8.4%
The analyst has also introduced FY2026 DPU estimate of 7.55 cents.
December 05, 2023
Broker's Calls
Industrial S-REITs with exposure to Australia, UK and Europe are 'unjustifiably' sold off: DBS
FLCT and Keppel DC REIT are the top "value buy" S-REIT picks in this space.
October 17, 2023
Broker's Calls
DBS maintains 'buy' on FLCT for now, as major tenant Google cuts back
Google takes up 40% of Alexandra Technopark now
February 23, 2023
REITs
Google to vacate "a portion" of space at FLCT's Alexandra Technopark
The space to be given by Google constitutes 1.7% of FLCT's gross rental income for Dec 2022.
February 22, 2023
Broker's Calls
DBS maintains 'buy' on FLCT on the back of healthy portfolio fundamentals and positive rental reversions
After accounting for weaker foreign currencies and higher financing cost assumptions, the analysts have revised their TP to $1.55.
November 15, 2022
Results
FLCT sees "no material impact" from pandemic on its portfolio of largely logistics properties
Its portfolio is worth $6.8 billion
August 04, 2021
Property
Frasers Property plans $1.28 billion rights issue to acquire more industrial and logistics assets
For each 100 existing shares held by shareholders now, they are entitled to take up 37 rights shares.
February 11, 2021
Right Timing
Rotational interest in index stocks to drive STI higher
Index stocks are taking it in turns to move higher, and this could support the STI's move to new one year highs.
January 15, 2021
Right Timing
FLCT gains strength, Ascendas REIT languishes, activist hedge fund divests some Sabana REIT
FLCT gains strength after breaking out of a sideways range setting an upside of more than $1.70.
January 15, 2021