99 Station Road in Sydney, a property in the initial portfolio of Frasers Logistics & Industrial Trust. (Photo: Frasers Logistics & Industrial Trust)

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

The REIT saw an SGD8.7 million net outflow of institutional funds during the trading period that began on 25 September.

FLCT is an Australia and Singapore-heavy REIT and it has a portfolio of mostly logistics and light industrial assets down under.

Related: CapitaLand’s flagship REIT sees SGD14.7 million outflow of institutional funds

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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.