Frasers Logistics and Industrial Trust announced its 3QFY18 results on 1st August 2018. Distribution Per Unit (“DPU”) increased by 2.9% in 3QFY18 as compared with 3QFY17. This is definitely a great piece of news for me as I have recently increased my allocation of Frasers Logistics and Industrial Trust in my stock portfolio from 8% to 11%. Increasing dividend yield is one of the factors I look for when investing in REITs. If you didn’t notice from the presentation slides, the manager has elected to receive 82.9% (9MFY17: 100%) of management fees in the form of units. In my opinion, this means that the manager will work hard to grow the DPU as a falling DPU will affect their manager fees! As you can see from the financial results below, gross revenue, net property income and distributable income have all increased in 3QFY18 as compared with 3QFY17 so there ......