Frasers Property Limited (FPL)

FCT’s preferential offering to open on Oct 9 - THE EDGE SINGAPORE

REITs

FCT’s preferential offering to open on Oct 9

The manager of Frasers Centrepoint Trust (FCT) says that the preferential offering of 324,639,666 new units in FCT will open at 9am on Oct 9.

FCT reports 2.2% lower tenant sales, 36.4% lower shopper traffic for August - THE EDGE SINGAPORE

REITs

FCT reports 2.2% lower tenant sales, 36.4% lower shopper traffic for August

The manager of Frasers Centrepoint Trust (FCT) has updated its portfolio tenants’ sales and shopper traffic for the month of August on FCT and AsiaRetail Fund Limited (ARF) on September 25.

Disruption and Digitalisation

Frasers Property Retail to launch e-commerce marketplace in October

Frasers Property Retail will now allow shoppers to browse and purchase from its tenants across all of its 14 malls through its new e-commerce marketplace, Frasers eStore.

Results

'Significant and negative impact' on Frasers Property's earnings inevitable, says group CEO in 3Q business update

Despite the gradual easing of restrictions due to the Covid-19 pandemic, Frasers Property Limited’s group CEO Panote Sirivadhanabhakdi says “significant and negative impact on the group’s business

Sustainability

Frasers Property secures Singapore's first green loan under LMA/APLMA Green Loan Principles for executive condo development

SINGAPORE (June 9): 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

Broker's Calls

Analysts cautiously positive on Frasers Property after 2Q20 results announcement

SINGAPORE (May 14): 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.

Results

Frasers Property CEO warns 'business as usual' is not an option as 2Q earnings drop

SINGAPORE (May 13): Frasers Property reported 2Q20 earnings of $74.5 million, down 38.1% y-o-y, with weaker contributions from its hospitality business and associates.

Spinoff and listing

Brewing liquidity

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)

Investing ideas

Analysts remain sanguine on Frasers Property despite dismal FY19

SINGAPORE (Nov 19): Frasers Property Limited (FPL) recently reported that its earnings dropped 25.3% to $560.3 million, from $749.6 million a year ago. 

Broker's Calls

Frasers Centrepoint Trust kept at 'buy' by DBS as it tightens its grip on PGIM

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.

Be informed of the stories that matter

×