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Frasers Logistics & Industrial Trust (FLT)
Broker's Calls
5 defensive S-REITs to consider as hospitality industry outlook clouds
SINGAPORE (July 31): OCBC Investment Research is maintaining “neutral” on Singapore REITs (S-REITs) with a weaker outlook for the hospitality sub-sector, which has prompted a pushback in expectations for a pick-up in Singapore hotel RevPAR this year t
July 31, 2018
Frasers Logistics Trust to divest 80 Hartley Street for $90.5 mil
SINGAPORE (July 4): Frasers Logistics & Industrial Trust (FLT) is divesting 80 Hartley Street, Smeaton Grange, New South Wales, Australia for A$90.5 million ($90.5 million).
July 04, 2018
FLT says 152 mil new units sold to raise $147 mil in preferential offering
SINGAPORE (June 11): Frasers Logistics & Industrial Trust (FLT) announced that about 152 million preferential offering new units were issued at 96.7 cents per unit, raising approximately $147.1 million.
June 11, 2018
Broker's Calls
S-REITs kept at 'neutral' by OCBC as rising yields cancel out improving fundamentals
SINGAPORE (May 24): The S-REITs sector, using the FTSE Straits Times REIT Index (FSTREI) as a benchmark, is down 6% year-to-date at the close on Tuesday. Including dividends, the sector posted total returns of –3.4% year-to-date.
May 24, 2018
Frasers Logistics announces details of $476 mil equity fund raising for acquisition of 21 properties in Germany, Holland
SINGAPORE (May 10): The manager of Frasers Logistics & Industrial Trust (FLT) has released details of its planned equity fund raising to raise gross proceeds of $476 million for its foray into Europe.
May 10, 2018
Broker's Calls
OCBC keeps Frasers Logistics at 'buy' on contribution of new European properties
SINGAPORE (May 9): Frasers Logistics & Industrial Trust’s (FLT) 2QFY18 results came in within the expectations of OCBC Investment Research.
May 09, 2018
Results
Frasers Logistics posts 2Q DPU of 1.75 cents, 3.4% higher than a year ago
SINGAPORE (May 7): The manager of Frasers Logistics & Industrial Trust (FLT) reported a distribution per unit (DPU) of 1.81 cents for the 2Q ended March, 3.4% higher than the DPU of 1.75 cents reported a year ago, lifted by the higher distributable income
May 07, 2018
Broker's Calls
Frasers Logistics proposed toehold in Europe ticks all the right boxes, says CIMB
SINGAPORE (Apr 23): CIMB says Frasers Logistics & Industrial Trust (FLT) planned acquisition of German and Dutch properties "tick all the right boxes".
April 23, 2018
Property
Frasers Logistics Trust buys portfolio of 21 properties in Germany, Holland from sponsor for $515 mil
SINGAPORE (Apr 20): Frasers Logistics & Industrial Trust (FLT) is buying a portfolio of 21 properties in Germany and the Netherlands for $515.4 million from its sponsor.
April 20, 2018
Broker's Calls
Analysts bullish on Frasers Log Trust on strong acquisition pipeline
SINGAPORE (Jan 29): Analysts are keeping their positive stance on Frasers Logistics & Industrial Trust (FLT) on the back of a robust pipeline of potential acquisition targets from its sponsor.
January 29, 2018