Home NewsSouth AsiaBusinessFrasers Logistics & Commercial Trust grows European presence with acquisition of 4 properties

Frasers Logistics & Commercial Trust grows European presence with acquisition of 4 properties

by NEWSROOM

The agreed purchase price is some 294.9 million euros (S$441.5 million), representsing a 1.5% discount to their appraised value

[SINGAPORE] Frasers Logistics & Commercial Trust (FLCT) has acquired equity interests in four property-holding companies, which collectively own two freehold logistics properties in Germany and two in the Netherlands.

The agreed purchase price for the four properties is around 294.9 million euros (S$441.5 million), the real estate investment trustโ€™s (Reit) manager announced on Monday (May 25). This represents a…

Source link

You may also like