Frasers Logistics & Industrial Trust (FLT)

SINGAPORE (Jan 10): OCBC Investment Research is remaining “neutral” on Singapore REITs while highlighting Frasers Logistics & Industrial Trust (FLT) as its preferred “buy” pick within the industrial REIT subsector with a fair value estimate of $1.

SINGAPORE (Nov 30): OCBC Investment Research is maintaining its “neutral” rating on Singapore REITs (S-REITs) as it projects a 2.8% DPU growth for S-REITs in the next financial year.

SINGAPORE (Nov 6): OCBC Investment Research is keeping its “buy” call on Frasers Logistics & Industrial Trust (FLT) and raising its fair value estimate to $1.25, from $1.22 previously.

SINGAPORE (Nov 2): The manager of Frasers Logistics & Industrial Trust has reported a 4Q distribution per unit (DPU) of 1.77 cents, 8.6% higher than forecast.

SINGAPORE (Oct 10): CIMB is maintaining its “add” on Frasers Logistics & Industrial Trust with higher $1.20 target price, projecting total returns of 17% for FY18.

SINGAPORE (Aug 22): OCBC Investment Research is maintaining “neutral” on Singapore REITs (S-REITs) after all 24 REITs under its coverage reported 2Q17 results that came in line with its expectations, with overall distribution per unit (DPU) growth com

SINGAPORE (July 31): Lim & Tan Securities is downgrading Frasers Logistics & Industrial Trust (FLT) to “hold” from “buy”, despite FLT beating its IPO forecast for the fourth consecutive quarter.

SINGAPORE (July 28): The manager of Frasers Logistics & Industrial Trust (FLT) has posted distribution per unit (DPU) of 1.75 cents for the third quarter ended June, 6.7% higher than its IPO forecast for DPU of 1.64 cents.

SINGAPORE (June 29): OCBC is maintain its “buy”call on Frasers Logistics & Industrial Trust (FLT) given a clearer capital structure for the funding of its proposed acquisitions.

SINGAPORE (June 28): Frasers Logistics & Industrial Trust (FLT) announced this morning that it has closed its private placement exercise of 78 million new units at an issue price of $1.01 each.