Frasers Logistics & Commercial Trust recorded $216.0m in revenue, this was 3.9% higher on a year-on-year basis compared to 1HFY23's $208.0m“In Singapore, overall demand for business parks remained cautious as consolidations outweighed new setups and expansions, as firms continued to prioritise cost-savings and workplace optimisation strategies24,” it said in a local bourse filing.
These increases were driven by positive rent adjustments, and contributions from new properties like Ellesmere Port, Connexion II, and Worcester, though offset by higher vacancies and increased operating expenses. The distribution per unit for 1HFY24 was 3.48 Singapore cents, down 1.1% from 1HFY23's 3.52 Singapore cents, with an annualised distribution yield of 6.9%.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.4.
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