Frasers Property Group

FCT's portfolio occupancy for 3QFY2023 is at 98.7%, 1.6 ppts higher y-o-y.

FCT says this is Singapore’s first green financing solution that comprises a green loan and carbon credits.

SINGAPORE (May 18): Frasers Hospitality, a member of Frasers Property Group, announced today the grand opening of Fraser Suites Dalian, the group’s 16th property to open in China.

SINGAPORE (Mar 8): Frasers Hospitality, a member of Frasers Property Group, is set to double its footprint in the Middle East to 13 properties over the next few years.

SINGAPORE (Feb 19): Frasers Property is acquiring a property portfolio of 22 assets that are mainly owned and managed by Alpha Industrial Holding in Luxembourg, as well as the project and asset management business of Alpha Industrial through the purchase

SINGAPORE (Feb 9): Frasers Property reported a 59% fall in 1Q earnings to $76.9 million from $187.5 million a year ago. Revenue fell 23.8% to $740 million. PBIT fell 31% to $228.6 million.

SINGAPORE (Feb 6): Frasers Hospitality, a member of Frasers Property Group, is investing $250 million to develop a new serviced residence in Tokyo’s Ginza district.