(See also: Frasers Logistics acquiring 7 more assets from sponsor for $174 mil)
SINGAPORE (June 7): Four brokerages have expressed positive sentiment on news of Frasers Logistics & Industrial Trust’s (FLT) latest announcement of its maiden portfolio acquisition, and are thus unanimously reiterating their recommendations to buy the REIT as a result.
To recap, the manager of the REIT on Tuesday announced that it would be acquiring freehold and leasehold interests in seven industrial properties in Australia for approximately A$168.3 million ($173.8 million) in total.
