- Frasers Logistics & Commercial Trust (SGX:BUOU) provided its 3QFY24 business update. We observed some encouraging data points.
Logistics drive strong positive reversions.
- - Read this at SGinvestors.io -
- Logistics properties at Nuremburg in Germany provided positive rental reversion of 3.1%. Logistics properties across Europe and the UK were fully occupied at 100%. Occupancy for logistics properties in Australia was 99%.
Backfilling vacant space in Singapore.
- - Read this at SGinvestors.io -
- Frasers Logistics & Commercial Trust is working on backfilling the remaining vacant space but competition from other business parks remains tough.
Backfilling vacant space in the UK.
- Read more at SGinvestors.io.