0501 GMT - Frasers Logistics & Commercial Trust is likely to sustain growth in its assets' rent rates, says UOB Kay Hian's Jonathan Koh in a note. The real-estate investment trust's rental rates rose in 2025 thanks to its logistics segment and Australian assets. He expects this upward trend continue this year as the assets are under-rented and there is room for leases to fetch higher rental rates. Frasers Logistics is also preserving debt headroom for acquisitions as it pivots toward more logistics assets in its portfolio, according to Koh. UOB Kay Hian maintains its buy rating and S$1.22 target price. Units are flat at S$1.01. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
February 09, 2026 00:01 ET (05:01 GMT)
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