FLCT to acquire Tuas logistics facility for S$140.3 million

News about Frasers Logistics & Commercial Trust
Frasers Logistics & Commercial Trust (FLCT) is set to acquire a six-storey ramp-up logistics facility in Tuas for S$140.3 million.

The facility, located at 2 Tuas South Link 1, spans a net lettable area of 56,203 square metres and has an occupancy rate of 85.8 per cent.
...read more on The Business Times
Frasers Logistics & Commercial Trust
Price0.975 SGD
NAV1.100 SGD
Yield (4 quarters)6.10%
Gearing34.8%