BREAKING:

Frasers Logistics & Commercial Trust (FLCT) navigated a complex global operating environment while demonstrating portfolio resilience and strong operational performance. Strategic focus remained on enhancing the logistics and industrial portfolio through targeted acquisitions, such as the maiden entry into Singapore's robust logistics market, and the divestment of non-core commercial assets. The group maintained a prudent financial approach and achieved robust operational metrics, particularly within the logistics and industrial sector, positioning the Trust for future growth.

• The Trust executed a strategic pivot by exiting a challenging metropolitan office sector and strengthening its focus on the logistics and industrial segment

• Operational results were bolstered by healthy leasing momentum, improved overall portfolio occupancy, and robust performance from the logistics and industrial assets

• Prudent capital management was maintained despite macroeconomic volatility, while the Trust continued its leadership in global sustainability ratings

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For more information, click here: FRASERS LOGISTICS & COMMERCIAL TRUST 2024 AGM