Frasers Logistics & Industrial Trust (FLT)

SINGAPORE (July 26): The manager of Frasers Logistics & Industrial Trust (FLT) reported 3Q19 DPU of 1.82 Australian cents, 3.4% higher than 1.76 Australian cents in 3Q18.

SINGAPORE (July 8): Frasers Property Limited is forming an integrated industrial and logistics platform by combining its industrial and logistics operations in Australia and Europe, and asset and property management of the group’s Singapore-listed Frase

SINGAPORE (July 5): Frasers Logistics & Industrial Trust (FLT) is proposing to acquire 12 freehold properties – nine in Germany and three in Australia – from its sponsor for A$644.7 million ($612.5 million) as part of its capital recycling strategy.

(July 8): Frasers Logistics & Industrial Trust’s latest proposed acquisition marks a round of capital recycling. Following a spate of recent divestments, FLT on July 3 announced that it was buying a portfolio of 12 logistics properties from its sponsor

SINGAPORE (July 3): The manager of Frasers Logistics & Industrial Trust (FLT) has announced the proposed acquisition of interests in 12 logistics properties in Germany and Australia from sponsor Frasers Property for a total consideration of A$507.2 millio

SINGAPORE (June 13): The manager of Frasers Logistics & Industrial Trust (FLT) announced that it has through its wholly-owned sub-trust, divested 50% of its interest in the property at 99 Sandstone Place, Parkinson, Queensland, Australia, for a considerat

SINGAPORE (May 16): The manager of Frasers Logistics & Industrial Trust (FLT) says it is divesting the warehouse and hardstand components of 610 Heatherton Road in Victoria, Australia, to Mack Bros Enterprises for A$15 million ($14.2 million).

SINGAPORE (May 2): CGS-CIMB Research and OCBC Investment Research have downgraded Frasers Logistics & Industrial Trust (FLT) to “hold” from “buy” with price targets of $1.21 and $1.20 respectively.

SINGAPORE (April 27): The manager of Frasers Logistics & Industrial Trust (FLT) has reported a 2Q distribution per unit (DPU) of 1.76 cents, down 2.8% on-year from 1.81 cents in 2Q18 due to the softening of the AUD and EUR against the SGD.

SINGAPORE (Feb 11): DBS Group Research is keeping its “overweight” rating on Singapore REITs following more dovish comments from the US Federal Reserve.