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Frasers Property's new unit to combine industrial, logistics ops in Australia, Europe in FY2020
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Nisha Ramchandani
Published Mon, Jul 8, 2019 · 09:50 PM
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Singapore
FRASERS Property will form a new business unit that will combine its industrial and logistics operations in Australia and Europe, representing S$5.4 billion in assets under management.
The unit will work closely with Singapore-listed Frasers Logistics & Industrial Trust (FLT) in terms of asset and property management. The new platform is expected to start reporting as a strategic business unit in FY2020.
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