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Brokers' take

Published Wed, Jun 7, 2017 · 09:50 PM
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Frasers Logistics & Industrial Trust | Buy June 7 close: S$1.07 Target price: S$1.12 OCBC Investment Research, June 7

Frasers Logistics & Industrial Trust (FLT) announced on Tuesday that it has proposed to acquire a portfolio of seven fully leased or pre-committed industrial properties in Australia from its sponsor Frasers Centrepoint Limited (FCL).

We are positive on this transaction as we bel…

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