Major Acquisitions for Frasers Logistics

News about Frasers Logistics & Industrial Trust

Frasers Logistics & Industrial Trust is announcing the purchase of 12 logistics properties in Germany and Australia. The prime, freehold properties have a long Weight Average Lease Expiry (WALE) of 8.6 years, 100% occupancy and the acquisition cost of A$644.7 million will be funded by debt and equity.

Frasers Logistics & Industrial Trust
Price1.240 SGD
NAV0.950 SGD
Yield (4 quarters)5.65%
Gearing33.4%