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Covid-19 had 'no material impact' on FLCT's portfolio despite challenges to retail segment

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Kelly Ng

Kelly Ng

Published Mon, Feb 7, 2022 · 09:50 PM

    Singapore

    THE Covid-19 pandemic has dented Frasers Logistics & Commercial Trust's (FLCT) distributable income by about S$0.2 million for Q1 2022, but this has not been material to the real estate investment trust (Reit), said its manager in a business update on Monday (Feb 7).

    The figure comprises mainly rental waivers and allowance for doubtful receivables attributable to the pandemic.

    frasers L&C trustFinancial results

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