Singapore-listed Frasers Property—controlled by Thai billionaire Charoen Sirivadhanabhakdi—is selling four of its logistics properties in Europe to its unit Frasers Logistics & Commercial Trust (FLCT) for €294.9 million ($343 million).

“This proposed acquisition from our sponsor allows FLCT to deepen its presence in two of Europe’s most resilient and trade-oriented logistics markets,” Anthea Lee, CEO of the manager of the........

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