Basic Profile & Key Statistics Frasers Logistics & Commercial Trust (FLCT) is a diversified REIT that invests in the office, industrial, and logistic sectors. FLCT currently owns 97 properties across Australia, Singapore, Germany, England and Netherlands.
Performance Highlight Gross revenue, NPI and distributable income increased by more than 70% YoY mainly due to the merger with Frasers Commercial Trust in Apr 2020 and strengthening of AUD:SGD and EUR:SGD. DPU on the other hand, increased by 9.5% YoY.  Rental reversion is at +0.1% for 2Q FY21, mainly come from commercial properties. 

Related Parties Shareholding

REIT sponsor's shareholding is low at 22.6%REIT manager's shareholding is low at 0.56%Directors of REIT manager's shareholding is high at 3.54%
Lease Profile

Occupancy is slightly high at 96.8%WALE is long at 4.7 yearsHighest lease expiry within 5 years is low at 17% which falls in FY2023Weighted average land lease expiry is long at 89.27years 
Debt Profile

Gearing ratio...