Frasers Property: Proposes to dispose of stakes in four logistics properties in Germany and the Netherlands for approximately 214.9 million euros
NewTimeSpace News: On May 25, 2026, Frasers Property announced that its subsidiary has entered into a conditional share purchase agreement with FLT Europe B.V. to dispose of interests in four logistics properties across Germany and the Netherlands. The stake percentages to be sold range from 83.9% to 100%. The total consideration of 214.9 million euros will be settled in cash.
According to Frasers Property, the disposal is in line with the Group's capital recycling strategy and is expected to have no material impact on its net asset value per share and earnings per share for the current financial year.
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