Friend   Blog Post  Frasers Logistics and Industrial Trust Declares Lower DPU in Singapore Cents

Frasers Logistics and Industrial Trust announced their 1QFY19 financial results on 24th January 2019. The manager has declared a Distribution Per Unit (“DPU”) of 1.78 cents. This was a 1.1% decline as compared to 1.80 cents in 1QFY18. If we looked at the Distribution Per Unit (“DPU”) in Australian cents, the Distribution Per Unit (“DPU”) was 1.81 cents as compared to 1.70 cents in 1QFY18.

The reason for lower Distribution Per Unit (“DPU”) in Singapore cents was because of a lower average hedged rate for 1QFY2019 at A$1.00 :S$0.9820. Foreign exchange risk is one key risk when investing in Frasers Logistics and Industrial Trust and I am fully aware of this risk prior to investing.

Two leases in Victoria, Australia were renewed during the quarter. The two leases will have annual fixed rental increases of 3.0% and 3.5% ...



Read the full post on mysweetretirement

sgx:buou sgx:bwqu

Like

posted

557 days ago

viewed

227 times

active

557 days ago

by

mysweetretirement

Request to Follow

Your Reply


Please login to post