Frasers Logistics & Commercial Trust asset in Chesire, UK. (Frasers Logistics & Commercial Trust)

In response to questions from REITsWeek, Frasers Logistics & Commercial Trust (FLCT) has given further details of why its financial metrics will remain unimpacted by the recently-announced development project despite partially funding it with debt.

The REIT, which presently has a portfolio of 102 assets across Australia, Europe and Singapore, recently announced the acquisition of a development asset in the UK.

Related: Frasers Logistics & Commercial Trust acquires development asset in UK for GBP103.5 million

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.