On 7th May 2024, Frasers Logistics and Commercial Trust released their 1HFY24 Financial Results. Currently, Frasers Logistics and Commercial Trust makes up 8.51% of my stock portfolio in terms of value. As of 31st March 2024, Frasers Logistics and Commercial Trust’s portfolio comprised of 112 industrial and commercial properties, worth approximately S$6.8 billion, diversified across five major developed
markets – Australia, Germany, Singapore, the United Kingdom and the Netherlands. How has this giant industrial and commercial REIT (“Real Estate Investment Trust”) performed? What is Frasers Logistics and Commercial Trust share price? What is Frasers Logistics and Commercial Trust dividend yield?
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Let us take a look at its 1HFY24 financial results below to find out more.
Frasers Logistics and Commercial Trust 1HFY24 Financial Results
In 1HFY24, Gross Revenue increased by 3.9% year-on-year to S$216.0 million. Adjusted Net Property Income increased by 1.8% year-on-year...