Welcome!
Frasers Logistics & Commercial Trust (FLCT)
REITs
FLCT to divest leasehold property in Port Melbourne for $41.7 mil
The estimated net proceeds will come in at around A$38.5 million after taking into account divestment fees.
December 03, 2021
REITs
FLCT invests in prime freehold warehouse development in UK's West Midlands for $51.5 mil
The property is expected to be completed in the first quarter of 2023.
December 01, 2021
Results
FLCT's 2H21 DPU up 6.3% to 3.88 cents; full year DPU up 7.9% to 7.68 cents
FLCT posted 2HFY21 revenue of $237.6 mil, up 11.4% y-o-y, mainly attributable to acquisitions undertaken in FY20 and FY21.
November 11, 2021
Broker's Calls
UOB KH expects revaluation gains for FLCT to enhance debt headroom
UOB Kay Hian has maintained a “buy” call and an unchanged target price of $1.79 for FLCT, expecting a revaluation
October 25, 2021
Broker's Calls
UOB KH expects revaluation gains for FLCT to enhance debt headroom
UOB Kay Hian has maintained a “buy” call and an unchanged target price of $1.79 for FLCT, expecting a revaluation
October 25, 2021
Broker's Calls
UOB KH expects revaluation gains for FLCT to enhance debt headroom
UOB Kay Hian has maintained a “buy” call and an unchanged target price of $1.79 for FLCT, expecting a revaluation
October 25, 2021
Broker's Calls
Analysts keep 'add' on Frasers Logistics & Commercial Trust on 'fairly steady quarter'
CGS-CIMB has upped its TP to $1.62, while OCBC has lowered its TP to $1.60 on FLCT.
August 11, 2021
Broker's Calls
UOB Kay Hian sees tailwinds for logistics S-REITs, keeps 'overweight', prefers FLT and ARA LOG
UOB Kay Hian has rated "buy" on FLCT and ARA LOG, and "hold" on MLT.
June 29, 2021
Broker's Calls
Broker's Digest: SGX, FLCT, HRnetGroup, ComfortDelGro, Ascendas REIT, Kimly
See the analysts' recommendations and target prices here.
June 25, 2021
Broker's Calls
'Buy' Frasers Logistics & Commercial Trust for e-commerce growth and low valuation: analysts
As at 2.20pm, units in FLCT are trading 1 cent higher or 0.7% up at $1.39 or 1.3 times P/NAV according to DBS’s estimates.
June 23, 2021