Prudential’s stake in Frasers logistics REIT increases by 2 million units

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Prudential’s stake in Singapore-listed REIT, Frasers Logistics & Industrial Trust, has increased by 2,012,200 units.

Subsidiaries of the insurance and investment group acquired units of the REIT on the open market on 15 January.

Frasers Logistics & Industrial Trust is an Australia-focused industrial REIT with a portfolio of 61 properties across five states Down Under.

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