Frasers Property logs $1 bil in pre-sold residential revenues; shareholders to vote on hospitality portfolio optimisation on Aug 28
The SkyRidge site is just one of two major sites Frasers Property acquired in Australia in June as area 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 non commercial growth pipeline.
Last month, a Frasers Property-led consortium protected a mixed-use GLS site at Bayhore Drive for $2.128 billion ($1,323 psf ppr). It is assumed to generate around 1,280 housing units and 242,188 sq ft of industrial place.
Along with the suggested restructuring, the group performed other efforts to reshape its portfolio for stronger long-lasting returns throughout the very first 9 months of its fiscal year.
In April, a shared project 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 developers plan to introduce the 463-unit project in 2H2027.
At the same time, the group will certainly seek shareholder confirmation for the recommended spruce up of its hospitality portfolio at an astounding general meeting that will certainly be hung on Aug 28.
In its commercial and logistics section, the group added about 68,300 sq m (735,175 sq ft) of landbank during the initial 9 months of the financial year, while also providing 205,538 sq m (over 2.2 million sq ft) in growth jobs.
The group’s net gearing stood at 93.6% as at June 30, while cash and bank equilibriums completed $2 billion.
In Australia, profits visibility is supported by the start of SkyRidge, a 334ha masterplanned neighborhood in Queensland, Australia. Released in July, it includes 2,760 land lots and a retail center.
The proposition includes altering particular plans implemented for FHT’s list, including the relocation of minimum set rental and corporate guarantee obligations by Frasers Property. It also includes consolidating complete possession of Fraser Suite Singapore, which would facilitate the redevelopment of the Valley Point mixed-use site.
Frasers Property’s unrecognised earnings from residential growths stood at $1 billion since June 30, down from $1.4 billion as of Sep 30, 2025.
These include $2.21 billion in resources reusing with its listed Reits, capital collaborations and sales to third parties; recurring retail and hospitality possession improvement campaigns, and settling possession of the leasehold plot at The Centrepoint.
In Singapore, the group has about $400 million in unrecognised profits throughout 948 agreements on hand, while Australia accounts for $500 million across 1,415 contracts. Thailand and China compose the remainder.
On June 25, Frasers Property introduced strategies to optimize its hospitality account, as component of the following stage of its hospitality strategy, following the privatisation of Fraser Hospitality Trust in 2025.
The optimisation unlocks capital from stabilised assets while preserving a recurring income base, claims the group. Frasers Property will certainly maintain possessions that have upside potential, while non-core properties will be held for future opportunistic divestment.
In its service improve for the very first 9 months of its financial year ended June 30, the business claims earnings visibility is upheld by Dunearn House in Singapore, that saw 56% of its 380 units marketed throughout its July start weekend, in addition to added pipeline from 2 Government Land Sale (GLS) sites acquired this year.
