
FLCT maintains 94.3% occupancy with positive rent reversions in Q1 2025
FLCT reported 175,000 sq m of active leases and renewals in Q1 2025.
Frasers Logistics & Commercial Trust (FLCT) has maintained a portfolio occupancy of 94.3% in Q1 2025, with 175,000 sq m of active leases and renewals, achieving overall positive rent reversions.
The occupancy rate for its Logistics & Industrial portfolio stood at 99.6%, whilst its Commercial portfolio was at 85.5%.
FLCT's portfolio currently comprises 114 properties across five developed countries, with a total value of $6.8b.
Its top 10 tenants, which contribute 25.3% of the portfolio's gross rental income, include the Commonwealth of Australia, Hermes, Germany, CEVA Logistics, Google, Rio Tinto, BMW, FDM Warehousing, DSV, Commonwealth Bank of Australia, and Techtronic.