Welcome!
Frasers Property Limited (FPL)
Sustainability
Frasers Property secures $199.3 mil in first sustainability-linked loan for UK business
The loan is the first sustainability-linked loan for the group in the UK.
January 28, 2022
New appointments
Frasers Property Singapore names Soon Su Lin as new CEO
Soon comes with over 30 years of experience in the real estate industry and is currently the CEO of FPHT.
January 24, 2022
Property
Frasers Property to divest Sofitel Sydney Wentworth for $309.1 mil
The net proceeds from the divestment are estimated to be at A$282.5 million.
October 29, 2021
Property
Frasers Property prices $200 mil notes with 3% p.a. coupon
The notes will mature in 2028.
September 17, 2021
Property
Frasers Hospitality adds more properties in China portfolio
The new properties will bring its total inventory in the country to over 4,500 keys.
May 26, 2021
Company in the news
Frasers Property receives applications for 982.9 mil rights shares for rights issue
The shares are expected to be credited to the shareholders’ accounts by April 5.
March 30, 2021
Broker's Calls
CGS-CIMB lowers Frasers Property’s TP following announcement of $1.28 bil rights issue
The sum will be raised through the issuance of up to 1,085.3 million new shares at $1.18 per unit.
February 16, 2021
Broker's Calls
CGS-CIMB bullish on Frasers Property Limited despite Covid-19 hospitality headwinds
FPL plans to launch Fernvale Lane executive condominium in 4QFY2021 and redevelop Bedok Point into a residential project.
February 10, 2021
Results
Frasers Property reports significantly lower operating performance for hospitality portfolio, sees strong industrial and logistics leasing activity
In his note, Group CEO Sirivadhanabhakdi says the group’s well-diversified platforms will see it through the current uncertainties
February 05, 2021
Sustainability
Frasers Property commits to be net-zero carbon corporation by 2050
This makes FPL the first SGX-listed real estate company to do so.
January 22, 2021