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FLT to buy 12 properties for A$645m from Frasers Property

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The Bosch facility in Tamm is one of nine freehold German properties to be acquired by Frasers Logistics & Industrial Trust, along with three properties in Australia.

Singapore

FRASERS Logistics & Industrial Trust (FLT) is planning to acquire 12 freehold logistics properties - nine in Germany and three in Australia - from its sponsor Frasers Property for A$644.7 million (S$612.5 million).

FLT, a real estate investment trust (Reit), entered...

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