Frasers Logistics & Commercial Trust Portfolio Occupancy Reaches 96.1% in Fiscal Q3

MT Newswires07-31 10:57

Frasers Logistics & Commercial Trust (SGX:BUOU) booked an occupancy of 96.1% for its fiscal third quarter ended June 30, according to a Thursday filing with the Singapore Exchange.

Weighted average lease expiry (WALE) came in at 4.9 years, with an aggregate leverage of 35.4% as of June 30.

During the period, the trust had a total of 114 properties valued at around SG$7.06 billion.

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