Frasers Property Australia (FPA)

Results

Frasers Property reports 8.3% higher 2Q earnings of $120.5 mil on Aussie sales and settlements

SINGAPORE (May 3): Frasers Property reported 2Q19 earnings of $120.5 million from a year ago, bringing 1H19 earnings to $266 million, 37.2% higher than a year ago.
Frasers Property in JV to launch Australia's first Community Business District

Property

Frasers Property in JV to launch Australia's first Community Business District

SINGAPORE (Apr 17): Frasers Property Australia announced that it, along with Winten Property Group, have launched Australia’s first Community Business District – the A$750 million ($727.6 million) Macquarie Exchange.

Broker's Calls

This industrial REIT offers the 'meatiest' returns as a prime sector pick

SINGAPORE (April 24): CIMB Investment Research is initiating coverage on Frasers Logistics & Industrial Trust (FLT) at “add” with a $1.10 target price, naming the trust as one of its sector preferred picks in place of CDL Hospitality Trusts (CD REIT)
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