- Frasers Logistics & Commercial Trust reported a very healthy set of operating metrics for 1QFY25. However, we understand that there have been some strategic changes regarding capital gains distribution and the payment of manager’s fees in units/cash.
- - Read this at SGinvestors.io -
Another quarter of strong positive rental reversions averaging +37.4%.
- Frasers Logistics & Commercial Trust continues to report strong positive rental reversions, primarily driven by its Logistics & Industrial (L&I) portfolio in Australia and Germany. The resilience of this segment has contributed significantly to the REIT’s overall organic revenue growth.
- - Read this at SGinvestors.io -
- Importantly, there is no break clause, reinforcing long-term income stability for Frasers Logistics & Commercial Trust. However, rental reversions at ATP in Singapore were slightly negative, at -2.3%. While this represents a minor setback, the overall positive rental reversion trends across Frasers Logistics & Commercial Trust’s portfolio continue to support its earnings growth.
Increase in gearing due mainly to recent acquisition, while borrowing costs remained stable q-o-q.
- Read more at SGinvestors.io.
Above is the excerpt from report by DBS Group Research.
Clients of DBS may access the full report in PDF @ https://www.dbs.com/insightsdirect/.
Dale LAI DBS Group Research | Derek TAN DBS Group Research | https://www.dbs.com/insightsdirect/ 2025-02-06
Previous report by DBS:
2024-11-07 Frasers Logistics & Commercial Trust - Acquisitions Key To Earnings Growth.
Price targets by 3 other brokers at Frasers Logistics & Commercial Trust Target Prices.
Listing of research reports at Frasers Logistics & Commercial Trust Analyst Reports.
Relevant links:
Frasers Logistics & Commercial Trust Share Price History,
Frasers Logistics & Commercial Trust Announcements,
Frasers Logistics & Commercial Trust Dividend Payout Dates & Corporate Actions,
Frasers Logistics & Commercial Trust News
