Frasers Property logs $1 bil in pre-sold residential revenues; shareholders to vote on hospitality portfolio optimisation on Aug 28
In its industrial and logistics segment, the group included concerning 68,300 sq m (735,175 sq ft) of landbank during the initial 9 months of the financial year, while likewise delivering 205,538 sq m (over 2.2 million sq ft) in growth jobs.
On June 25, Frasers Property announced plans to optimize its hospitality portfolio, as component of the next phase of its hospitality strategy, complying with the privatisation of Fraser Hospitality Trust in 2025.
In Australia, revenues presence is sustained by the launch of SkyRidge, a 334ha masterplanned area in Queensland, Australia. Launched in July, it consists of 2,760 land lots and a retail center.
Last month, a Frasers Property-led consortium safeguarded a mixed-use GLS site at Bayhore Drive for $2.128 billion ($1,323 psf ppr). It is anticipated to produce about 1,280 real estate units and 242,188 sq ft of commercial place.
Meanwhile, the group will look for investor authorization for the recommended spruce up of its hospitality portfolio at an astounding general meeting that will be hung on Aug 28.
The SkyRidge site is among two significant sites Frasers Property acquired in Australia in June as aspect of its landbanking initiatives, with the some other being a 60ha location in Geelong, Victoria. Together, the two sites include 3,800 units to the group’s residential advancement pipeline.
The group’s web gearing stood at 93.6% as at June 30, while cash money and bank balances totalled $2 billion.
In its business upgrade for the very first nine months of its financial year finished June 30, the firm states earnings presence is upheld by Dunearn House in Singapore, which saw 56% of its 380 units marketed during its July launch weekend, in addition to added pipe from 2 Government Land Sale (GLS) sites obtained this year.
Frasers Property’s unrecognised profits from residential developments stood at $1 billion since June 30, down from $1.4 billion as of Sep 30, 2025.
Springleaf Residence condominium
The proposition involves altering particular arrangements implemented for FHT’s listing, including the removal of minimum set lease and corporate guarantee commitments by Frasers Property. It also includes consolidating full ownership of Fraser Suite Singapore, which would help with the redevelopment of the Valley Point mixed-use site.
The optimisation opens capital from stabilised properties while preserving a recurring income base, says the team. Frasers Property will retain possessions that have upside potential, while non-core assets will be held for future opportunistic divestment.
Along with the suggested restructuring, the group accomplished various other campaigns to improve its profile for stronger long-lasting returns throughout the very first nine months of its financial year.
In Singapore, the group has about $400 million in unrecognised profits throughout 948 deals available, while Australia make up $500 million throughout 1,415 agreements. Thailand and China make up the remainder.
These involve $2.21 billion in resources recycling with its listed Reits, resources collaborations and sales to 3rd parties; recurring retail and friendliness asset improvement efforts, and settling ownership of the leasehold plot at The Centrepoint.
In April, a shared venture in between Frasers Property and Mitsubishi Estate was awarded a GLS site at Kallang Close for $610.75 million, or $1,415 psf per plot ratio (psf ppr). The property developers plan to introduce the 463-unit project in 2H2027.
