For the financial year ended 30 September 2021 (FY2021), Frasers Logistics & Commercial Trust’s revenue increased by 41.4% year-on-year to S$469.3 million mainly due to acquisitions.
During the year, the REIT acquired six freehold properties in Germany, the Netherlands and the UK.
During the year, the REIT acquired six freehold properties in Germany, the Netherlands and the UK.
With that, Frasers Logistics & Commercial Trust’s full-year net property income grew 35.9% to S$366.7 million while its DPU rose 7.9% to 7.68 Singapore cents, up from 7.12 cents a year back.
JJ Hou OP : Flct - The top3 highest div-yielding in STI https://seedly.sg/opinions/singapore-s-highest-yielding-blue-chips?fbclid=IwAR1hWQhF13xWyId1W7ySVsHmonbwWlYrBbQF5xeVGU3OeCmtbcPr61ZbR18 & $DBS (D05.SG)$
JJ Hou OP : https://cdn-blog.seedly.sg/wp-content/uploads/2021/07/18133441/181121_REITs-with-higher-DPU_Seedly.png
For the financial year ended 30 September 2021 (FY2021), Frasers Logistics & Commercial Trust’s revenue increased by 41.4% year-on-year to S$469.3 million mainly due to acquisitions.
During the year, the REIT acquired six freehold properties in Germany, the Netherlands and the UK.
During the year, the REIT acquired six freehold properties in Germany, the Netherlands and the UK.
With that, Frasers Logistics & Commercial Trust’s full-year net property income grew 35.9% to S$366.7 million while its DPU rose 7.9% to 7.68 Singapore cents, up from 7.12 cents a year back.
The REIT also ended the year with a strong occupancy rate of 96.2% and a weighted average lease expiry (WALE) of 4.8 years.
https://blog.seedly.sg/singapore-reits-higher-dpu?fbclid=IwAR2XxZEH80_FcsUxbnoPpLxSNN7gWiPEwX90IqUXrtr9h5SzGrg_h5MNONA
JJ Hou OP : hope the tailwinds didnt chg https://www.theedgesingapore.com/capital/brokers-calls/uob-kay-hian-sees-tailwinds-logistics-s-reits-keeps-overweight-prefers-flt-and
JackyLai88 : fly high?