Frasers Logistics and Commercial Trust (“FLCT”) announced on the morning of  March 15, 2024 that it will be acquiring 4 logistics properties in Germany from its Sponsor, Frasers Property at a discount to valuation of 5.1% at S$189Mil purchase consideration. However, FLCT price dropped by close to 2% from previous day in line with the […]

source: https://thefinance.sg/2024/03/16/frasers-logistics-and-commercial-trust-acquisition-of-germany-logistics-assets-from-sponsor-my-quick-thoughts/