Shares & Derivatives
Frasers Logistics & Industrial Trust ("FLT")
By Mr. IPO  •  June 16, 2016
Pardon the late and brief analysis as currently tied up with a live deal



Frasers launched its logistics and industrial trust with a public offering of 80m units at $0.89 per unit. It is a pure play Australian industrial REIT with an initial portfolio of 51 Australian industrial assets and a market cap of approximately S$1.268b. The IPO will close on 16 June 2016 at 12pm and starts trading on 21 June 2016 and 9am.

According to this report, its placement tranche was about 6x subscribed and has been priced at the top end of its offering range. Investors in FLT will also benefit from the three call option on properties from its Sponsor.

Initial Portfolio
The Initial Portfolio of 51 properties are all located in Australia and will increase to 54 properties once the call option is exercised.


Distribution Yield


The yield improved from FP2016 to ...
...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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