Frasers Logistics & Industrial Trust (FLT) (SGX: BUOU) was recently listed on the SGX on 20 June 2016. It is the first SGX-listed REIT that invests solely in industrial properties located in major cities in Australia. In this article, I’ll cover FLT’s development over a period of 20 months after its listing, the potential risks it faces, and discuss its plans towards the immediate future.
Here are the 12 things you need to know about Frasers Logistics & Industrial Trust before you invest.
1. FLT was listed with an initial portfolio of 51 properties worth A$1.58 billion. The average age of FLT’s portfolio is relatively young at 6.1 years. 90.2% of its portfolio are freehold assets or leasehold assets with long remaining tenures of at least 80 years. 96.5% of its portfolio are located in Melbourne, Sydney, and Brisbane which are well-connected to highways, …