Corporate digest

Frasers Logistics & Industrial Trust

FLT has posted a distribution per unit of 1.77 Singapore cents for its financial period ended Sept 30, an 8.6 per cent increase from its forecasted 1.63 Singapore cents.

Gross revenue for the quarter came up to A$42.2 million (S$44.07 million), 4.8 per cent higher than the forecasted A$40.3 million, while adjusted net property income was A$32.3 million, 4.7 per cent above forecast.