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

During the trading period that began on 26 February, the REIT saw an SGD20.5 million net outflow of institutional funds.

FLCT is a mixed commercial REIT that owns a portfolio of office and logistics assets, most of which are located across Australia and Singapore.

Related: CapitaLand’s flagship REIT secures SGD16.3 million net inflow 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.