- It will be managed by FCL (Frasers Centrepoint Limited) 2. It will be backed by 51 Australian properties in Melbourne, Sydney, Brisbane, Adelaide and Perth (the portfolio has an occupancy rate of 98.3% and WALE (Weighted Average Lease Expiry) of 6.9 years.
- It is seeking around $900 millions from the IPO
- It is expected to be priced at 85 to 89 cents per unit.
- The forecast Dividend Yield is 6.9% to ...
If you are into IPO and have not already gotten the good news, your new potential baby is coming real soon : Frasers Logistics and Industrial Trust (FLT) is expected to launch the biggest IPO since 2013 from next Friday (10 June 2016).
While I am still waiting for the prospectus to be released, following are the key pointers that I've gathered from the media for this upcoming FLT IPO :
