Frasers Property Ltd
OTC:FSRPF
Frasers Property Ltd
Frasers Property Ltd, a Singapore-based multinational, operates with a bold vision that weaves through various facets of the real estate world. Established in 1963, the company has grown into a formidable player in the property market, known for its diverse portfolio across residential, commercial, retail, and industrial properties. The company functions much like a well-oiled machine, with its various segments contributing to a robust bottom line. Its residential division develops and manages housing projects, targeting homebuyers ranging from first-timers to luxury seekers. Meanwhile, the commercial and business parks cater to a mix of clients, from small enterprises to Fortune 500 companies, providing them with functional and aesthetic spaces designed for modern work.
Not to be overlooked is Frasers' retail and hospitality segments, which represent significant pillars of its revenue generation. The retail division focuses on developing shopping malls and retail-centric spaces that not only enhance the shopping experience for consumers but also provide tenants with highly trafficked locations to boost sales. Hospitality, comprising hotels and serviced apartments, furnishes guests with high-quality accommodations that capitalize on Frasers’ keen insight into the travel industry’s demands. By strategically acquiring and developing property assets across various stable economies in Asia, Europe, and Australia, Frasers Property Ltd ensures it maintains a steady stream of revenue diversified across markets and property types, all while prudently managing risks associated with any particular region or sector.
Frasers Property Ltd, a Singapore-based multinational, operates with a bold vision that weaves through various facets of the real estate world. Established in 1963, the company has grown into a formidable player in the property market, known for its diverse portfolio across residential, commercial, retail, and industrial properties. The company functions much like a well-oiled machine, with its various segments contributing to a robust bottom line. Its residential division develops and manages housing projects, targeting homebuyers ranging from first-timers to luxury seekers. Meanwhile, the commercial and business parks cater to a mix of clients, from small enterprises to Fortune 500 companies, providing them with functional and aesthetic spaces designed for modern work.
Not to be overlooked is Frasers' retail and hospitality segments, which represent significant pillars of its revenue generation. The retail division focuses on developing shopping malls and retail-centric spaces that not only enhance the shopping experience for consumers but also provide tenants with highly trafficked locations to boost sales. Hospitality, comprising hotels and serviced apartments, furnishes guests with high-quality accommodations that capitalize on Frasers’ keen insight into the travel industry’s demands. By strategically acquiring and developing property assets across various stable economies in Asia, Europe, and Australia, Frasers Property Ltd ensures it maintains a steady stream of revenue diversified across markets and property types, all while prudently managing risks associated with any particular region or sector.
Profit Growth: Attributable profit rose to SGD 759 million, up 10% from the previous year, supported by recurring income and development completions.
Revenue: FY 2018 revenue reached SGD 4.3 billion.
Dividend: The Board recommended a final dividend of SGD 0.062 per share, maintaining a full-year dividend of SGD 0.086 per share, consistent with prior years.
Asset Base: Assets under management increased to around SGD 35 billion, spanning five asset classes and multiple geographies.
Segment Performance: Strong results in Australia residential, stable Singapore operations, but headwinds continued in hospitality due to one-off items and sector challenges.
Strategic Expansion: Significant acquisitions in Europe and the UK business park segment, plus consolidation of TICON in Thailand.
Resilient Portfolio: Management emphasized the balanced, diversified portfolio as a buffer against macroeconomic headwinds.
