Frasers Logistics & Commercial Trust is a real estate investment trust focusing on logistics and industrial, central business district commercial, office and business parks properties. The trust was established following the merger between Frasers Logistics and Industrial Trust and Frasers Commercial Trust in April 2020 and now owns 100 properties valued at around SGD 6.2 billion spread across Singapore, Australia, Germany, the Netherlands, and the United Kingdom. The trust is externally managed by Frasers Logistics & Commercial Asset Management, a subsidiary of Frasers Property Limited, which owns more than a 20% stake of the trust.