Frasers Logistics acquires two properties from Frasers Property for $65.3m

Frasers Logistics acquires two properties from Frasers Property for $65.3m

REUTERS/Jason Reed

Frasers Logistics & Commercial Trust (FLCT) plans to acquire two properties – one in Australia and the other in the UK – from sponsor Frasers Property for a total of around S$89.9 million ($65.3 million), the trust said in a filing to SGX Tuesday.