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.
