Results of My Application for Frasers Logistics and Industrial Trust Preferential Offering

Last month, I have bought Frasers Logistics and Industrial Trust which entitles me to the recent public placement via Preferential Offering. One Preferential Offering new unit was offered for every ten existing units of Frasers Logistics and Industrial Trust you held. Each new Preferential Offering new unit was offered at S$0.967.

Based on the closing price of S$1.03 on 1st June 2018, the new Preferential Offering new units will be a 6.51% discount if you have applied for it. Yes, I have taken up the offer for the Preferential Offering and also subscribed for excess units. Read More

My Personal Analysis of Frasers Logistics and Industrial Trust

Frasers Logistics and Industrial Trust has been the hot topic recently. Frasers Logistics and Industrial Trust is an industrial REIT focused on prime properties concentrated in major industrial markets in Australia.  IPO in 2016, the REIT has been generating an accretive yield for dividend investors. I considered the manager of the REIT to be aggressive as less than 2 years from its listing date (“20 June 2016”), the manager announced the acquisition of another 21 prime properties in Germany and the Netherlands on 20th April 2018. The acquisition was funded through a private placement which raised S$329 million. Read More