Home Capital Results

FLCT reports occupancy rate of 96.5% in 3QFY2022

Felicia Tan
Felicia Tan8/5/2022 07:38 AM GMT+08  • 2 min read
FLCT reports occupancy rate of 96.5% in 3QFY2022
Another one of FLCT's Australian properties. Photo: FLCT
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Frasers Logistics & Commercial Trust (FLCT) has reported a portfolio occupancy rate of 96.5% for the 3QFY2022 ended June, with its logistics and commercial portfolio at 100% occupancy and its commercial portfolio at 91.3% occupancy.

The REIT’s weighted average lease expiry (WALE) stood at 4.6 years based on gross rental income (GRI).

As at June 30, FLCT has 105 properties across five countries with a portfolio value of $6.5 billion.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.