$FRASERS LOGISTICS & IND TRUST(BUOU.SI)$

I like Reit investment. Today would like to share another of my favourite Reit, Fraser Logistic and Ind Trust. 

In today's price at $1.44, this reit pay out a decent 5.2% dividend.

FLCT currently manages more than 100 properties across Australia, Singapore, Germany, the UK, and the Netherlands. The appraised value of FLCT’s portfolio about ~$6.5b.

With a gearing of less than 30%, FLCT has the lowest gearing amongst its peers and a debt headroom S$1.3bn before gearing reaches 40%. Following its divestment, FLCT also has a large cash balance of c.S$300m that it can immediately deploy to fund an acquisition and drive further accretion to earnings.

 Since its merger with FCOT, the REIT has acquired more than S$600m worth of assets from its sponsor. Despite this, FLCT still has the largest ROFR pipeline, valued at more than ~S$5.0bn, which could double its portfolio, providing a visibility like no other. Its current low gearing also provides it with ample debt headroom to fund acquisitions

Pesonally I remain positive on FLCT given its strong set of results for FY22 and the resilience of its portfolio to pandemic. The portfolio remains very stable with its occupancy and built-in annual rental escalations in its leases will drive further growth to earnings.

Since 2021, FLCT was included into STI index component stock.

I continue to stay vested and have regular DCA through Syfe Reit and also STI ETF.

Thank you for reading and happy investing

# SGX Stocks Opportunities

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.

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  • JSQ
    ·2022-08-16
    Fraser is a well known REIT to invest in.
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  • ChosenPadawa
    ·2022-08-21
    Ok
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  • Ni76
    ·2022-08-21
    Yes. Must have
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  • tiger c
    ·2022-08-19
    rhanks
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  • Jccc
    ·2022-08-18
    earnings
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  • PBL77
    ·2022-08-17
    Good
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  • Jasper_ng
    ·2022-08-16
    Ok
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  • Suman923
    ·2022-08-16
    👍
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  • MacXzero
    ·2022-08-16
    thanks
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    • BabySim
      Ok
      2022-08-16
      Reply
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  • AL77
    ·2022-08-16
    OK
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  • Flowin
    ·2022-08-16
    👍
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  • Ericho
    ·2022-08-16
    [Smile][Smile]
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  • Sallyoo
    ·2022-08-16
    C
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  • Winson Lee
    ·2022-08-16
    ok
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  • Steve乖乖虎
    ·2022-08-16
    K
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  • Kyochan
    ·2022-08-16
    💪💪💪
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  • Jim LEO
    ·2022-08-16
    [smile]
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  • Weiss
    ·2022-08-16
    wow
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  • SLHengHuat
    ·2022-08-16
    thanks
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  • DesmondLee
    ·2022-08-16
    Good
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