Financing costs are the Achilles' heel for Real Estate Investment Trusts (REITs). Then again, when interest rates decline, REITs with strong fundamentals could rally due to lower interest costs. Today ...
Wallace joined what was then Australand Property Group in August 2007. Robert Stuart Claude Wallace, CEO of the manager of Frasers Logistics & Commercial Trust, has resigned for "family reasons". In a ...
Add Yahoo as a preferred source to see more of our stories on Google. As at Sept 30, FLCT's aggregate leverage was 33.0% Frasers Logistics & Commercial Trust has reported 2HFY2024 ended Sept ...
Frasers Logistics and Commercial Trust’s BUOU, or FLCT’s, fiscal-year 2023 (ending September) results were below our expectations with net property income, or NPI, coming in 6% below our estimate. The ...
Proceeds will be used to fund acquisitions, among others. Frasers Logistics and Commercial Trust (FLCT) has priced its $100m notes due 15 February 2034 at 2.45 %. The interest rate for the notes is ...
FRASERS Logistics and Commercial Trust (FLCT) BUOU, through its sub-trust Frasers Commercial Trust, will be divesting its remaining leasehold interest in its mixed-use commercial property (see ...
The agreements maintain fee structures across Australia and overseas assets. Frasers Logistics & Commercial Trust (FLCT) has renewed its property management arrangements with Frasers Property-linked ...
Add Yahoo as a preferred source to see more of our stories on Google. The purchase consideration represents a discount of 2.5% from the appraised value of the property at $143.8 million. The manager ...