-- Frasers Logistics & Commercial Trust (SGX:BUOU) agreed to acquire a freehold logistics property located at Haper, the Netherlands for 43 million euros from VDG Property Development 10, according to a Thursday filing with the Singapore Exchange.
The property spans a gross lettable area of 25,603 square meters and is fully leased to DSV Air & Sea Nederland.
Following the completion of the acquisition, the trust's portfolio will comprise 114 properties valued at around SG$7 billion.