$FRASERS LOGISTICS & IND TRUST(BUOU.SI)$announced acquisition of 3 newly completed (in May 2022) prime logistics and industrial properties in key industrial precinct Truganina and approximately 20 km from Melbourne’s central business district, for purchase price of A$65.9 million (inclusive of stamp duty, various fees and expenses). With the 3 freehold properties fully leased to 4 tenants, with a weighted average lease expiry (WALE) of 6.6 years and fixed annual rent increments of 3 per cent, revenue will increase (esp after the divestmentof Cross Street Exchange last year). Will $FRASERS LOGISTICS & IND TRUST(BUOU.SI)$unit price rise in the week ahead? [Thinking]
SGX Stocks Opportunities
Share SGX companies' analysis and opportunities with Tigers!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments