Frasers Logistics REIT Opens 1.7% Higher in Singapore Debut

  • Trust is backed by Frasers’ Australian industrial properties
  • Frasers raised S$903 million in largest REIT IPO since 2013

Frasers Logistics & Industrial Trust, a real estate investment trust backed by Frasers Centrepoint Ltd., opened 1.7 percent higher on its first day of trading in Singapore after raising the most in an initial share sale in the city-state in three years.

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