- With a gearing of below 35%%, Frasers Logistics & Commercial Trust has the lowest gearing amongst its peers and debt headroom of ~S$900bn before gearing reaches 40%.
FY24 revenue and NPI were higher y-o-y
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- These strategic developments bolstered Frasers Logistics & Commercial Trust’s top-line performance despite challenges in the commercial property sector.
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- Financing costs for FY24 saw a substantial y-o-y increase of 40.4%, driven by elevated interest rates and additional loans secured to fund both the development projects and acquisitions.
FY24 DPU was 3.4% lower y-o-y
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