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

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).

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.

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.

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.

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.

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

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".

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.

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.
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