FLCT’s market capitalisation stands at $5.04 billion as of April 8.
SEE:Good time to buy large cap industrial S-REITs after recent correction in prices: DBS
Robert Wallace, CEO of the REIT manager, says “We are delighted that FLCT will be included as a constituent of the STI.”
“Our inclusion into the benchmark index for the Singapore stock market bears testament to the progress we have made as a listed REIT, which we trust will further elevate FLCT’s profile and visibility with global investors.”
Shares in FLCT closed flat at $1.46 on April 8.
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