Floating Button
Home Capital Equity raising

FLT raises $258.1 mil through private placement to help fund new acquisitions

Benjamin Cher
Benjamin Cher • 2 min read
FLT raises $258.1 mil through private placement to help fund new acquisitions
SINGAPORE (July 31): Frasers Logistics & Industrial Trust (FLT) has raised $258.1 million through a private placement to partially fund its proposed acquisitions of 12 logistics properties in Australia and Germany.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (July 31): Frasers Logistics & Industrial Trust (FLT) has raised $258.1 million through a private placement to partially fund its proposed acquisitions of 12 logistics properties in Australia and Germany.


FLT issued 220 million new units at an issue price of $1.173 per unit – the top of end of its price range, and a 1.2% discount to the adjusted volume weighted average price of $1.1877 per unit.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.