Frasers Logistics & Industrial Trust (“FLT”) is the first Singapore-listed real estate investment trust with an initial pure-play Australian industrial portfolio. FLT offers investors a unique opportunity to invest in 54 Australian industrial real estate assets concentrated within major industrial markets in Australia which include Melbourne, Sydney and Brisbane. Coupled with assets in Adelaide and Perth, FLT’s portfolio is valued at A$1.75 billion as at 30 June 2017.
FLT’s investment strategy is to invest globally in a diversified portfolio of income-producing industrial properties. With strong connectivity to key infrastructure, FLT’s modern portfolio consists predominantly of freehold and long leasehold land tenure assets with a well-diversified tenant base. In line with its strategy, FLT had on 6 June 2017 announced the proposed acquisition of seven industrial properties in Australia for approximately A$169.3 million.
FLT is managed by Frasers Logistics & Industrial Asset Management Pte. Ltd., a wholly-owned subsidiary of FLT’s sponsor – Frasers Centrepoint Limited (“FCL”).