FLCT says this development will not have an impact on its distribution for the year ending Sept 30 2023.
Frasers Logistics & Commercial Trust says that Google, a major tenant at its property Alexandra Technopark, will give up "a portion" of the space with effect from Feb 20 2024.
According to FLCT, the space to be given by Google constitutes 1.7% of its gross rental income for Dec 2022.
