Frasers Centrepoint (FCL)

Frasers Hospitality invests $250 mil to develop serviced residence in Tokyo

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.


Frasers Centrepoint reports 15.4% rise in FY17 earnings to $689 mil on fair value gain

SINGAPORE (Nov 10): Frasers Centrepoint reported a 15.4% increase in FY17 earnings to $689.1 million from a year ago, mainly due to a $215 million fair value gain on investment properties.

Frasers Centrepoint acquires 2 German warehouses for $68 mil

SINGAPORE (Oct 11): Frasers Centrepoint is acquiring two warehouses in Germany for €42.4 million ($67.83 million).

Broker's Calls

Here’s why DBS likes Frasers Centrepoint despite slide in 2Q earnings

SINGAPORE (May 12): DBS Group Research believes Frasers Centrepoint (FCL) is poised to benefit from positive sentiment in Singapore property.


Frasers Centrepoint sees 42% fall in 2Q earnings to $71 mil

SINGAPORE (May 11): Frasers Centrepoint posted a 42.2% slide in 2Q earnings to $71.2 million from a year ago on lower sales.
UE Square

Broker's Calls

Sale of United Engineers could impact property market

SINGAPORE (Sept 30): United Engineers’ share price jumped 4.5% on Tuesday to close at $2.52 after Oversea-Chinese Banking Corporation and Great Eastern Holdings said they were reviewing their combined investments in UE and WBL Corporation.