Frasers Logistics & Commercial Trust (FLCT) is an SGX-listed real estate investment trust that owns a portfolio of 105 industrial and commercial properties in five countries – Singapore (9.9%), Germany (23.8%), the Netherlands (5.5%), the United Kingdom (9.4%), and Australia (51.4%). As of 30 September 2022, FLCT’s portfolio is currently valued at S$6.7 billion. Source: Frasers Logistics & Commercial Trust In view of the current uncertain economic landscape, I was curious about FLCT’s performance in this environment and its management’s outlook on the year ahead. To learn more, I attended FLCT’s most recent annual general meeting. Here are eight things I learned from the 2023 Frasers Logistics & Commercial Trust AGM. 1. Gross revenue decreased to S$450.2 million, 4.1% lower from S$469.3 million in FY 2021 and adjusted net property income (NPI) decreased 3.7% to S$342.1 million, from S$355.1 million in FY 2021.  The decrease in revenue is...