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Frasers Property Industrial is a strategic business unit of SGX-listed Frasers Property Limited (together with its subsidiaries, the “Group”), a multi-national company that owns, develops, and manages a diverse and integrated property portfolio with total assets of approximately S$38.8 billion as at 31 December 2019. Frasers Property Industrial owns and manages industrial and logistics properties in Australia and Europe, and its portfolio includes logistics facilities, warehouses and production facilities in strategic locations. Frasers Property Industrial has approximately S$5.4 billion of assets under management as at 31 December 2019 with integrated development, asset management and third-party capital management capabilities across the Group’s industrial and logistics markets in Australia, Germany, the Netherlands and Austria. In addition, Frasers Property Industrial provides property management services to Frasers Logistics & Commercial Trust ("FLCT"), a REIT sponsored by the Group and managed by Frasers Logistics & Commercial Asset Management Pte. Ltd., which is part of Frasers Property Industrial. FLCT has a portfolio of 99 industrial and commercial properties as at 31 December 2019, diversified across five major developed markets – Australia, Germany, Singapore, United Kingdom and the Netherlands..