Frasers Logistics & Commercial Trust (FLCT)


FLCT reports 1HFY2023 DPU of 3.52 cents, 8.6% lower y-o-y

The lower DPU came on the back of lower revenue and adjusted NPI during the six-month period.


FLCT CEO Wallace to step down, successor to be appointed

Wallace joined what was then Australand Property Group in August 2007.

Billion Dollar Club 2022

Frasers Logistics & Commercial Trust tops REIT sector; Parkway Life REIT and Mapletree Industrial Trust win too

The value of the assets under the REIT has increased threefold over a five-year period, from $1.6 billion at IPO to $7.3 billion


FLCT reports 2HFY2022 DPU of 3.77 cents, down 2.8%

Adjusted net property income for 2HFY2022 was down 10.6% y-o-y to $162.1 million.


FLCT completes divestment of Port Melbourne property at lower consideration of $37.5 mil

The new consideration is A$1.0 million lower than the previous consideration of A$42.5 million.

Broker's Calls

S-REITs now at 'attractive levels' with bargains emerging following recent panic selling: UOB Kay Hian

Some of UOB Kay Hian's top picks include CLAS, FCT and LREIT.

Broker's Calls

UOB Kay Hian remains ‘overweight’ on logistics REITs in Singapore, calls ‘buy’ on FLCT and MLT

Singapore is “an ideal hub to support e-commerce fulfilment”, UOB KH says.
Some office and retail S-REITs could rebound, but expect a 'fear of recession' ahead: DBS - THE EDGE SINGAPORE

Broker's Calls

Some office and retail S-REITs could rebound, but expect a 'fear of recession' ahead: DBS

“Despite reopening plays doing well year-to-date, up 10%, we believe the hospitality and office sectors will continue to shine.”


FLCT acquires prime freehold logistics property in North West England, UK at an estimated cost of $175.9 mil

The development of the property is expected to be completed in the second half of 2023 and will be leased to Peugeot.