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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.
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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.

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