Frasers Logistics & Commercial Trust's property at 1 Burilda Close, Sydney, Australia. (Photo: Frasers Logistics & Commercial Trust)

Frasers Logistics & Commercial Trust (FLCT) was the top Singapore Exchange (SGX)-listed REIT disposed of by institutional investors last week.

The REIT saw an almost SGD17 million outflow of institutional funds during the period.

FLCT is a mixed commercial REIT with a portfolio of mostly Singapore office assets and Australia logistics properties.

Related: Keppel DC REIT sees net inflow of funds ahead of 1H 2023 results

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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.