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Frasers Logistics buys nearly S$1b in European properties

In its first foray into Europe, it buys 17 German properties and four Dutch ones to gain market prominence

The Transgourmet facility in Ulm is one of 17 properties in Germany bought by FLT, which still counts Australia as a key market.


FRASERS Logistics & Industrial Trust (FLT) is making its first foray into Europe with the acquisition of 21 German and Dutch properties worth 596.8 million euros (S$972.8 million).

At a media briefing on Friday, Robert Wallace, chief executive of Frasers Logistics...

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