Frasers Property logs $1 bil in pre-sold residential revenues; shareholders to vote on hospitality portfolio optimisation on Aug 28
In Australia, revenues visibility is sustained by the start of SkyRidge, a 334ha masterplanned area in Queensland, Australia. Introduced in July, it consists of 2,760 land lots and a retail center.
The group’s web gearing stood at 93.6% as at June 30, while money and financial institution equilibriums totalled $2 billion.
In Singapore, the group has around $400 million in unrecognised earnings across 948 agreements ready, whilst Australia represent $500 million across 1,415 contracts. Thailand and China compose the rest.
Frasers Property’s unrecognised income from residential developments stood at $1 billion since June 30, down from $1.4 billion since Sep 30, 2025.
Previous 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 yield around 1,280 housing units and 242,188 sq ft of industrial spot.
These include $2.21 billion in capital reusing through its listed Reits, resources collaborations and sales to third parties; ongoing retail and hospitality property improvement initiatives, and combining ownership of the leasehold plot at The Centrepoint.
The optimization opens capital from secured possessions while maintaining a recurring earnings base, says the team. Frasers Property will preserve possessions that have upside potential, while non-core properties will certainly be held for future opportunistic divestment.
The SkyRidge site is just one of two significant sites Frasers Property obtained in Australia in June as aspect of its landbanking efforts, with the some other being a 60ha location in Geelong, Victoria. Together, the two sites add 3,800 units to the group’s residential development pipeline.
On June 25, Frasers Property revealed programs to optimize its reception portfolio, as component of the next stage of its hospitality approach, following the privatisation of Fraser Hospitality Trust in 2025.
In its industrial and logistics section, the group added regarding 68,300 sq m (735,175 sq ft) of landbank during the first nine months of the financial year, while also supplying 205,538 sq m (over 2.2 million sq ft) in development jobs.
In April, a joint project 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 prepare to release the 463-unit project in 2H2027.
In its company upgrade for the first 9 months of its financial year ended June 30, the firm states earnings presence is upheld by Dunearn House in Singapore, that saw 56% of its 380 units marketed during its July launch weekend, together with extra pipeline from two Government Land Sale (GLS) sites got this year.
The proposal includes reversing certain setups put in place for FHT’s list, involving the elimination of minimum set rental and corporate assurance commitments by Frasers Property. It also includes consolidating full ownership of Fraser Suite Singapore, that would certainly facilitate the redevelopment of the Valley Point mixed-use site.
On the other hand, the group will certainly look for shareholder authorization for the recommended revamp of its hospitality profile at an extraordinary general meeting that will certainly be hung on Aug 28.
Together with the suggested restructuring, the group accomplished other campaigns to reshape its portfolio for more powerful long-term returns during the first nine months of its financial year.
