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 103 properties across Australia, Singapore, Germany, England and Netherlands.
Performance Highlight The performance has improved mainly due to contribution due to merger with Frasers Commercial Trust in April 2020 as well as acquisitions in 2021.

The average rental reversion is at -2.3% for 4Q FY21 and -1.7% for full year FY21.

In June, FLCT completed the acquistion of 6 freehold properties in Germany, Netherlands and U.K.

Related Parties Shareholding

REIT sponsor's shareholding is low at 21.046%REIT manager's shareholding is low at 0.603%Directors of REIT manager's shareholding is high at 3.298%
Lease Profile

Occupancy is slightly high at 96.2%WALE is long at 4.8 yearsHighest lease expiry within 5 years is low at 16.6% which falls in FY23Weighted average land lease expiry is...