Frasers Logistics & Commercial Trust (FLCT)

Analysts maintain 'buy' on Frasers Logistics Commercial Trust due to acquisition of new properties

Broker's Calls

Analysts maintain 'buy' on Frasers Logistics Commercial Trust due to acquisition of new properties

DBS Group Research and CGS-CIMB have maintained their “buy” and “add” calls on Frasers Logistics Commercial Trust (FLCT), with target prices of $1.43 and $1.60 respectively.

Frasers Logistics & Commercial Trust posts 83.5% higher distributable income of $61.1 mil in 3Q20 business update

Results

Frasers Logistics & Commercial Trust posts 83.5% higher distributable income of $61.1 mil in 3Q20 business update

The manager of Frasers Logistics & Commercial Trust (FLCT) has posted an 83.5% growth in distributable income to $61.1 million for the 3Q20 ended June, from the $33.3 million last year.

REITs

FLCT buys two properties from sponsor Frasers Property for $89.9 million

Frasers Logistics & Commercial Trust has acquired two properties in Australia and the UK from its sponsor Frasers Property Limited for a total of $89.9 million. 

Broker's Calls

Frasers Logistics & Commercial Trust on a “stronger growth trajectory” post-merger: CGS-CIMB

SINGAPORE (Jul 14): Frasers Logistics & Commercial Trust (FLCT) is on a “stronger growth trajectory” following its merger in April, with a stable and resilient portfolio, say CGS-CIMB

Broker's Calls

Frasers Logistics & Commercial Trust among top 10 S-REITs, says DBS

SINGAPORE (June 9): The merger between Frasers Logistics and Industrial Trust and Frasers Commercial Trust has yielded good results, with the merged Frasers Logistics & Commercial Tru

Broker's Calls

Industrial REITs to be the fastest to recover post Covid-19 on healthy operational metrics, government assistance: DBS

SINGAPORE (June 2): With the Singapore economy set to gradually re-open over three phases from this month, DBS Group Research analysts Derek Tan and Dale Lai believe the manufacturing sector will b

Investing ideas

CGS-CIMB remains optimistic on Frasers; says merger brings more opportunities

SINGAPORE (May 4): CGS-CIMB is maintaining its “add” or “buy” call on real estate investment company Frasers Logistics and Industrial Trust (FLT), but at a revised target price of $1.30.

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