Frasers Logistics & Commercial Trust (FLCT) has seen a $0.2 million dip in its distributable income for 1QFY2021 ended Dec 31.
However, this has not been so material to the Real Estate Investment Trust (REIT), its manager announced in a business update on Feb 7.
The amount comes from rental waivers and allowance for doubtful receivables due to the pandemic.
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