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Frasers Logistics & Industrial Trust
07-05-2018, 09:20 PM,
Post: #41
RE: Frasers Logistics & Industrial Trust
Financial Results for the Financial Quarter ended 31 March 2018

Highlights :
* FLT declares interim distribution of 3.61 Singapore Cents per Unit, representing uplift of 3.4% from 3.49 Singapore Cents in 1HFY17
* 2QFY18 Distributable Income up 3.2% to A$25.9 million
* 2QFY18 DPU up 3.4% to 1.81 Singapore cents
* WALE of 6.75 years and occupancy of 99.4% as at 31 March 2018
* As at 31 March 2018, FLT’s aggregate leverage was 30.5%
* Total borrowings were A$615 million, 85% of which are at fixed interest rates. The weighted average interest rate for borrowings for 2QFY18 was 2.9% per annum
* Gross revenue grew 6.4% during 2QFY18  to A$43.575 million compared to gross revenue of A$40.939 million for the previous corresponding quarter ("2QFY17")
* Adjusted Net Property Income grew 8.1% during 2QFY18 to A$33.414 million, compared to Adjusted Net Property Income of A$30.906 million for the previous corresponding quarter ("2QFY17")
* Announced proposed acquisition of 21 logistics and industrial properties in Germany and the Netherlands on 20 April 2018.

More details in :
1. http://infopub.sgx.com/FileOpen/FLT_2QFY...eID=504379
2. http://infopub.sgx.com/FileOpen/FLT_2QFY...eID=504380
3. http://infopub.sgx.com/FileOpen/FLT_2QFY...eID=504381
Specuvestor: Asset - Business - Structure.

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21-05-2018, 01:01 PM,
Post: #42
RE: Frasers Logistics & Industrial Trust
Issue of  333,199,000 New Units in Frasers Logistics & Industrial Trust Pursuant to the Private Placement

Frasers Logistics & Industrial Asset Management Pte. Ltd., in its capacity as manager of Frasers Logistics & Industrial Trust, announced that 333,199,000 New Units pursuant to the Private Placement will be issued today at the issue price of S$0.987 per New Unit.

With the issue of 333,199,000 New Units pursuant to the Private Placement, the total number of Units in issue will be 1,854,733,376.

The New Units pursuant to the Private Placement will, upon issue, rank pari passu in all respects with the Units in issue on 18 May 2018.
Specuvestor: Asset - Business - Structure.

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04-07-2018, 04:55 PM,
Post: #43
RE: Frasers Logistics & Industrial Trust
Frasers Logistics & Industrial Trust To Divest 80 Hartley Street for A$90.5 Million

Frasers Logistics & Industrial Trust ("FLT") announced that it has entered into a conditional sale and purchase agreement today with The Trust Company (Australia) Limited, an unrelated third party, to divest 80 Hartley Street, Smeaton Grange, New South Wales, Australia for A$90.5 million (approximately S$90.5 million).

The proposed divestment is in line with the REIT Manager's proactive asset management and portfolio rebalancing strategies. FLT is expected to recognise an estimated net gain of approximately A$17.7 million (approximately S$17.7 million) over the book value of the Property. 

More details in http://infopub.sgx.com/FileOpen/FLT%20Pr...eID=513069
Specuvestor: Asset - Business - Structure.

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