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FLCT reports occupancy rate of 96.5% in 3QFY2022

Felicia Tan
Felicia Tan • 2 min read
FLCT reports occupancy rate of 96.5% in 3QFY2022
Another one of FLCT's Australian properties. Photo: FLCT
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Frasers Logistics & Commercial Trust (FLCT) has reported a portfolio occupancy rate of 96.5% for the 3QFY2022 ended June, with its logistics and commercial portfolio at 100% occupancy and its commercial portfolio at 91.3% occupancy.

The REIT’s weighted average lease expiry (WALE) stood at 4.6 years based on gross rental income (GRI).

As at June 30, FLCT has 105 properties across five countries with a portfolio value of $6.5 billion.

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