Frasers Property Limited (FPL)

In the group’s business update for 3Q20, Sirivadhanabhakdi added that impact on valuations at the end of the FY is a “possibility”.

Frasers Property announced Tuesday that it has secured a $350 million green loan under the LMA/APLMA Green Loan Principles to finance its Fernvale Lane Executive Condominium (EC) development.

DBS analysts Rachel Tan and Derek Tan, as well as CGS-CIMB analyst Lock Mun Yee are maintaining their “buy” call on Frasers Property, but with a reduced target price.

Frasers Property reported 2Q20 earnings of $74.5 million from a year ago, bringing 1H20 earnings to $233.8 million, 12.1% lower than a year ago.

SINGAPORE (Dec 9): On Dec 2, during a media briefing, Robert Wallace, CEO of Frasers Logistics & Industrial Trust (FLT), said one of the benefits of merging with Frasers Commercial Trust (FCOT) was that the joint real estate investment trust (REIT) would

But despite the dismal performance, market watchers remain bullish. In a report filed on Monday, CGS-CIMB analyst Lock Mun Yee says they anticipate a modest showing from FPL’s Australian market moving forward.  “The Australian residential marke

SINGAPORE (Oct 2): Frasers Centrepoint Trust (FCT) on Sept 30 increased its stake in PGIM Real Estate Asiaretail Fund Limited to 24.82% from 21.13% previously.

SINGAPORE (Aug 13): Frasers Property reported 3Q19 earnings of $333.9 million, up 68.2% from a year ago on higher fair value change and exceptional items.

SINGAPORE (July 8): Frasers Property Limited is forming an integrated industrial and logistics platform by combining its industrial and logistics operations in Australia and Europe, and asset and property management of the group’s Singapore-listed Frase

SINGAPORE (July 1): Real estate investment trusts are still bankers’ best friends. In the first half of this year, Singapore REITs raised $1.35 billion (see Table 1) through placements that was used mainly for acquisitions. In general, these acquisition