Frasers Logistics & Industrial Trust (FLT)

Broker's Calls

Frasers Logistics Trust kept at 'buy' with $1.19 fair value on pipeline of potential acquisitions

SINGAPORE (Jan 28): OCBC Investment Research is maintaining Frasers Logistics & Industrial Trust (FLT) at “buy”.

Results

Frasers Logistics Trust reports 1.1% lower 1Q DPU of 1.78 cents on enlarged unit base and lower hedged exchange rate

SINGAPORE (Jan 24): The manager of Frasers Logistics & Industrial Trust (FLT), with a portfolio comprising 83 logistics and industrial properties, worth nearly $3 billion, reported DPU of 1.78 cents for the 1Q19 ended Dec, down 1.1% from 1.80 cents a year

Broker's Calls

Go on the defensive with these S-REITs next year, says OCBC

SINGAPORE (Dec 4): OCBC Investment Research expects Singapore REITs (S-REITs) to record positive DPU growth next year.

Broker's Calls

Frasers Logistics Trust kept at ‘buy’ by CGS-CIMB after FY18 results met forecast

SINGAPORE (Nov 8): CGS-CIMB Securities is maintaining Frasers Logistics & Industrial Trust (FLT) at “buy” after FY18 DPU came in at 7.19 cents, 2.6% above FY17 and forming 100% of its FY18 forecast.

Results

Frasers Logistics Trust reports 0.6% higher 4Q DPU of 1.78 cents, uplifted by completed acquisitions

SINGAPORE (Nov 5): The manager of Frasers Logistics & Industrial Trust (FLT) reported a DPU of 1.78 cents for the 4Q18 ended Sept, a 0.6% increase from 1.77 cents for 4Q17.

Broker's Calls

Go defensiveness after this week's market meltdown, says OCBC

SINGAPORE (Oct 12): The Dow Jones Industrial Average on Wednesday fell more than 800 points while the S&P 500 had its worst day since February as technology stocks were battered.

Broker's Calls

Plenty of room for Frasers Logistics to pursue more acquisitions, says OCBC

SINGAPORE (Sept 11): OCBC Investment Research is maintaining its “buy” call on Frasers Logistics & Industrial Trust (FLT) with a higher fair value of $1.19 compared to $1.18 previously, after incorporating the trust’s recent capital recycling transa

Broker's Calls

S-REITs remain good defensive play despite uncertainties ahead

SINGAPORE (Sept 5): OCBC Investment Research says the Singapore REIT sector remains a good defensive shelter for investors amid macroeconomic uncertainties.

M&A

Frasers Logistics acquires 2 Aussie prime properties for $62 mil

SINGAPORE (Aug 31): The manager of Frasers Logistics & Industrial Trust (FLT) is planning to acquire two prime industrial properties in Australia from its sponsor for A$62.6 million ($62 million).

Results

Frasers Logistics and Industrial Trust reports 2.9% rise in 3Q DPU to 1.80 cents

SINGAPORE (Aug 1): The manager of Frasers Logistics & Industrial Trust (FLT) reported a 2.9% year-on-year growth in distribution per unit (DPU) to 1.80 cents for the 3Q18 ended June from a year ago.
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