Frasers Logistics & Commercial Trust Reports 94.3% Occupancy in Fiscal Q1

MT Newswires

02-05

Frasers Logistics & Commercial Trust (SGX:BUOU) reported an occupancy rate of 94.3% for the fiscal first quarter ended Dec. 31, 2024, according to a filing with the Singapore Exchange on Tuesday.

Weighted average lease expiry or WALE stood at 4.6 years, while the trust leased around 175,000 square meter of space during the period.

The trust reported a total portfolio value of SG$6.8 billion across 114 properties as of Dec. 31, 2024.

Shares of the trust were up over 2% in recent trading.

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