Frasers Logistics divests 50% stake in Queensland property for $93m

Frasers Logistics divests 50% stake in Queensland property for $93m

99 Sandstone Place, Parkinson, Queensland, Australia (Source: Frasers Property Australia)

Singapore-listed Frasers Logistics & Industrial Trust (FLT) has sold 50 per cent stake in a cold storage distribution facility in Queensland for A$134.20 million ($92.69 million).

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter