Tailwinds for inorganic growth ■ Frasers Logistics & Commercial Trust's (FLCT's) portfolio occupancy improved in 1QFY9/22, moderated by negative reversions.■ Financial metrics improved post asset divestments.■ We reiterate our Add rating with a lower DDM-based TP of S$1.56. 1QFY9/22 business update highlights In its 1QFY9/22 update, FLCT indicated that its overall portfolio occupancy was 96.9% […]

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