SINGAPORE (Nov 5): The manager of Frasers Logistics & Industrial Trust (FLT) reported a DPU of 1.78 cents for the 4Q18 ended Sept, a 0.6% increase from 1.77 cents for 4Q17.

This brings total DPU for FY18 to 7.19 cents, which is a 2.6% increase from 7.01 cents in FY17.

Revenue and adjusted net property income rose 43.2% and 52.6% respectively during 4Q18 to A$60.4 million and A$49.3 million, compared to revenue and adjusted net property income of A$42.2 million and A$32.3 million for 4Q17.

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