This is the financial results announcement I have been waiting for. On Monday, 5th November 2018, Frasers Logistics and Industrial Trust has announced their 4QFY18 financial results. You can guess why I am so anxious and excited as Frasers Logistics and Industrial Trust makes up 15% of my stock portfolio and 23% of my wife’s stock portfolio. The manager of Frasers Logistics and Industrial Trust has been rather aggressive in their property divestment and new acquisition and I am expecting some extraordinary results.
You can read more of them here:
Frasers Logistics and Industrial Trust Divests 80 Hartley Street Asset
Frasers Logistics and Industrial Trust Divests Lot 102 Coghlan Road In South Australia
Frasers Logistics and Industrial Trust Acquires NSW Property and QLD Property
4QFY18 ResultsNow, lets look at their 4QFY18 results.
Distributable income was up 35.6% to A$36.0 million as compared to A$27.0 million in 4QFY17. Distribution Per Unit
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