Frasers Logistics & Industrial Trust has completed a private placement of 220,000,000 new units at an issue price of S$1.173 per unit. The S$258.1 million collected will be used to fund the purchase of 12 logistics properties in Germany and Australia that was previously announced.
Frasers Logistics Completes S$258m Private Placement
News about Frasers Logistics & Commercial Trust —
Frasers Logistics & Commercial Trust
|Yield (4 quarters)||5.21%|