In particular, revenue for 4Q19 saw an increase of 1.9% to A$61.6 million ($57.7 million) from A$60.4 million in 4Q18, while net property income (NPI) for the quarter inched up 1.9% to A$50.2 million from A$49.3 million the preceding year.
SINGAPORE (Nov 7): Analysts continue to remain upbeat on Frasers Logistics and Industrial Trust (FLT) after a solid year which saw the REIT book increases across several financial metrics.
The REIT reported a distribution per unit (DPU) figure to 7.27 Australian cents for FY19 ended September, up 4.8% from 6.94 Australian cents in the previous year.
