Frasers Property to combine group's industrial and logistics operations in Australia and Europe with FLT in FY2020

By PC Lee / The Edge Singapore | July 9, 2019 6:03 PM SGT
SINGAPORE (July 8): Frasers Property Limited is forming an integrated industrial and logistics platform by combining its industrial and logistics operations in Australia and Europe, and asset and property management of the group’s Singapore-listed Frasers Logistics & Industrial Trust (FLT).
The integrated industrial and logistics platform will become a business unit representing $5.4 billion assets under management (AUM) with integrated development, asset management and third-party capital management capabilities across the group’s core industrial and logistics markets in Australia and Europe.