Brief: Frasers Logistics & Commercial Trust To Buy Interests In Logistics Cos In Germany, Netherlands & UK

Frasers Property

24/05/2021 01:06

May 24 (Reuters) - Frasers Logistics & Commercial Trust
 FRAE.SI :
    * PROPOSED ACQUISITION OF INTERESTS IN 6 PROPERTIES IN
GERMANY,
NETHERLANDS AND UK
    * AGREED PROPERTY PURCHASE PRICE IS ABOUT S$548.7 MILLION
    * PROPOSED ACQUISITION IS EXPECTED TO BE DPU ACCRETIVE
    * PART FUNDING FOR PROPOSED ACQUISITION WILL BE FROM EQUITY
FUND
RAISING

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 (Reuters.Briefs@thomsonreuters.com)