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Frasers Logistics Trust headed for listing

Reit targets 6.8% to 7% dividend yield for FY16 and boasts 15 cornerstone investors

Singapore

FRASERS Logistics & Industrial Trust (FLT) on Friday afternoon lodged its preliminary prospectus, confirming weeks of market talk that preparation for its listing was well underway.

With 15 cornerstone investors on board, which is more than the usual, analysts...

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