545 Blackburn Road, a freehold 5-storey A-grade suburban office building owned by FLCT in Victoria, Australia
The share price of Frasers Logistics & Commercial Trust (FLCT) (SGX:BUOU) took a beating today after news of an imminent war between Israel and Iran.
For the past months, FCLT share price has remained sluggish amidst softening of Australian Dollar which is the primary currency of its property income in Australia, impact from sustained high interest rate environment, economic recession fears, looming war news and so on.
Today, my order of FLCT is filled and my investment FLCT takes a notch further.
I will now own 30,000 shares of FLCT at average net cost of $0.80
