Frasers Property

Frasers Property to redevelop Robertson Walk in joint venture with Sekisui House - THE EDGE SINGAPORE

Property

Frasers Property to redevelop Robertson Walk in joint venture with Sekisui House

The redevelopment will have a 348-unit residential component, plus F&B options.
Struggling Changi Business Park deals blow to Singapore's regional hub ambitions - THE EDGE SINGAPORE

Property

Struggling Changi Business Park deals blow to Singapore's regional hub ambitions

Overall vacancy rates across 10 commercial properties have more than doubled in the past three years to nearly 40%

Broker's Calls

CGS International and DBS maintain bullish stance on Frasers Property even with 1HFY2024 miss

Earnings is seen to pick up in the second half of the year
Frasers Property sells Fraser Residence River Promenade to Tuan Sing for $140.9 million - THE EDGE SINGAPORE

Property

Frasers Property sells Fraser Residence River Promenade to Tuan Sing for $140.9 million

The sale is part of Frasers Property's active asset management strategy

Results

Frasers Property reports lower earnings on UK impairment

As at March 31, NAV per share was 80 cents, versus last trade share price of 80 cents

Broker's Calls

Frasers Property's further round of UK fair value losses a 'negative surprise', says DBS

DBS expects Frasers Property to be profitable for this FY2024 and dividends to be 'intact'
Sole consortium of giant developers bid for Jurong Lake District master developer site - THE EDGE SINGAPORE

Property

Sole consortium of giant developers bid for Jurong Lake District master developer site

The consortium comprises CapitaLand, City Developments, Frasers Property and Japan's Mitsubishi Estate and Mitsui Fudosan.

REITs

Frasers Hospitality Trust passes on Capri by Fraser, Changi City

FHT's refusal is the second acquisition offer rejected by an S-REIT over the past month.
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