This is just a quick update on my investment in Frasers Logistics Trust.
I didn't do anything to my investment in Frasers Logistics Trust since I got in at 92.5c a unit in January 2017.
At least I don't remember having done anything to it since then.
Well, I must correct myself because after so many years, I finally did something to it.
As one of my larger smaller investments for a long time, I didn't have to make a large purchase for it to join the ranks of my largest investments.
In case you don't already know, I consider any position that has a market value of $100,000 or more in my portfolio as large.
The numbers look pretty good.
(Presentation: May 2022.)
I don't usually like paying a premium to NAV when it comes to REITs.
However, when I first invested in Frasers Logistics Trust in 2017, I paid a premium of around 6% to its NAV then, if I remember correctly....