Frasers Logistics & Commercial Trust Reports 1HFY26 DPU of 2.95 Singapore Cents
Key Highlights
Average portfolio rental reversions of +8.8% incomingrentvs.outgoingrentbasisincoming rent vs. outgoing rent basisincomingrentvs.outgoingrentbasis and +22.0% averagerentvs.averagerentbasisaverage rent vs. average rent basisaveragerentvs.averagerentbasis achieved for the period from January to March 2026
Overall portfolio occupancy of 96.1% with a WALE of 4.9 years
Healthy aggregate leverage of 33.7% as at 31 March 2026, with interest coverage ratio of 4.4 times.
I think results is showing some improvement, hopefully, it will get better!
XD 14th May 2026.
FLCT reported revenue of S$238.9 million and Adjusted Net Property Income of S$167.0 million for 1HFY26, representing increases of 2.8% and 3.6% respectively, from S$232.3 million and S$161.3 million in the first half of FY2025 “1HFY25”“1HFY25”“1HFY25”....