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Frasers Logistics & Commercial Trust (FLCT)

SGX:BUOU
Dividend Yield 7.68%
P/B Ratio 0.78
Aggregate Leverage Ratio 36.2
Occupancy Rate 94.3%
WALE 4.6 year(s)
Interest Coverage Ratio 4.9 times
Fixed Rate Debt 70.9%
Ex-dividend Date 13 Nov 2024
Record Date 14 Nov 2024
Payout Date 17 Dec 2024
Type Logistics, Industrial, & Office

Remarks

Frasers Logistics & Commercial Trust's (FLCT) debt maturity profile is relatively well-staggered over the next several years. However, please note that there is a 28.66% refinancing obligation in 2025. Should the higher interest rate environment last throughout next year, those debts must be refinanced at a higher rate, potentially impacting the REIT's bottom line and future DPUs.
David Ang - 5 Feb 2025
Frasers Logistics & Commercial Trust's (FLCT) debt profile continued to weaken further, with the aggregate leverage ratio increasing from 33.0% to 36.2%. The ICR also declined from 5.0x to 4.9x. However, despite the weakening, the overall debt profile is still relatively healthy.
David Ang - 5 Feb 2025
Frasers Logistics & Commercial Trust (FLCT) has a diverse geographical exposure, primarily outside Singapore. Most of the exposure is towards the Australian and European markets. Please take note of this geographical exposure before investing.
David Ang - 9 Sep 2023

Geographical Exposure

Australia 46.8%
Germany 25%
Singapore 12.5%
United Kingdom 10.6%
Netherlands 5.1%

Sectoral Exposure

Logistics & Industrial 72.4%
Office 27.6%

Dividend Distribution History (DPU)

Debt Maturity Profile

In $ millions
Show debt maturity profile details
Fiscal Year Debt (in $ millions) Percentage
FY25 709 28.66%
FY26 534 21.58%
FY27 185 7.48%
FY28 603 24.37%
FY29 437 17.66%
FY30 6 0.24%
Disclaimer: We do not guarantee the data above is accurate. The information presented here is for general information only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice or recommendation of any sort. Please do your own research before investing.