Home Capital SGX Research Series: 10 in 10

Merged Frasers Logistics & Commercial Trust to maintain steady growth path

Emelia Tan
Emelia Tan11/27/2020 06:31 AM GMT+08  • 7 min read
Merged Frasers Logistics & Commercial Trust to maintain steady growth path
The merger has broadened FLCT's investment mandate to encompass office & business parks and CBD commercial sectors.
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.

1. How has the portfolio of Frasers Logistics & Commercial Trust (FLCT) evolved since IPO?

Frasers Logistics & Commercial Trust (FLCT) has a portfolio comprising 100 logistics and commercial properties worth $6.2 billion, diversified across five major developed countries — Australia, Germany, Singapore, the UK and the Netherlands — from an initial 51 prime logistics & industrial properties worth $1.6 billion in Australia. With strong connectivity to key infrastructure, FLCT’s modern portfolio consists predominantly of freehold and long leasehold land tenure assets with a well-diversified tenant base.

Our continued strong performance and growth has been made possible through active asset management, financial discipline, and executing value-accretive transactions. Since IPO, FLCT’s portfolio value has grown almost four times, with our acquisition strategy underscored by the support of our sponsor, Frasers Property, which has provided FLCT with a right of first refusal (ROFR) over its income-producing industrial properties globally and commercial properties in Asia Pacific and Europe.

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.