Attractive YieldFLCT is trading at an attractive yield of 6.5%, which is higher than the large-cap industrial REITs' average, suggesting potential upside.
Financial PerformanceRevenue and adjusted NPI grew 8.4% and 3.7% respectively due to contributions from the Ellesmere Port facility in the UK and the acquisition of four German logistics properties.
Portfolio GrowthThe REIT's right of first refusal (ROFR) pipeline from its sponsor is worth more than S$5.0 billion, which could double its portfolio, providing a significant growth opportunity.