Frasers Property logs $1 bil in pre-sold residential revenues; shareholders to vote on hospitality portfolio optimisation on Aug 28
The SkyRidge site is one of two significant sites Frasers Property acquired in Australia in June as area of its landbanking efforts, with the other being a 60ha site in Geelong, Victoria. Together, the two sites add 3,800 units to the group’s non commercial development pipeline.
On June 25, Frasers Property revealed programs to optimize its reception account, as component of the next stage of its hospitality approach, following the privatisation of Fraser Hospitality Trust in 2025.
In Singapore, the group has about $400 million in unrecognised earnings across 948 deals on hand, while Australia represent $500 million across 1,415 contracts. Thailand and China compose the remainder.
Frasers Property’s unrecognised revenue from residential growths stood at $1 billion as of June 30, down from $1.4 billion since Sep 30, 2025.
Alongside the proposed restructuring, the group accomplished other initiatives to reshape its profile for more powerful long-term returns during the very first nine months of its fiscal year.
In its commercial and logistics sector, the group included concerning 68,300 sq m (735,175 sq ft) of landbank during the first nine months of the financial year, while likewise supplying 205,538 sq m (over 2.2 million sq ft) in growth projects.
In Australia, earnings presence is sustained by the launch of SkyRidge, a 334ha masterplanned neighborhood in Queensland, Australia. Released in July, it consists of 2,760 land lots and a retail centre.
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 property developers prepare to release the 463-unit project in 2H2027.
The group’s internet gearing stood at 93.6% as at June 30, while money and bank balances totalled $2 billion.
Previous month, a Frasers Property-led consortium secured a mixed-use GLS site at Bayhore Drive for $2.128 billion ($1,323 psf ppr). It is assumed to yield about 1,280 housing units and 242,188 sq ft of business place.
Meanwhile, the group will seek shareholder authorization for the proposed revamp of its hospitality profile at an astounding general meeting that will certainly be hung on Aug 28.
In its business update for the very first nine months of its financial year finished June 30, the firm states earnings visibility is upheld by Dunearn House in Singapore, which saw 56% of its 380 units marketed during its July release weekend, along with extra pipe from 2 Government Land Sale (GLS) sites obtained this year.
Canberra Crescent Residences condominium
These include $2.21 billion in resources recycling via its listed Reits, capital collaborations and sales to third parties; recurring retail and hospitality possession improvement efforts, and settling possession of the leasehold plot at The Centrepoint.
The proposition involves reversing specific setups put in place for FHT’s list, including the removal of minimum set lease and corporate assurance obligations by Frasers Property. It also includes combining complete possession of Fraser Suite Singapore, that would certainly promote the redevelopment of the Valley Point mixed-use site.
The optimisation opens capital from stabilised possessions while maintaining a recurring revenue base, claims the team. Frasers Property will retain properties that have upside possible, while non-core assets will certainly be held for future opportunistic divestment.
