Frasers Property Limited has announced a profit attributable to shareholders of S$142.2m for the first half of the financial year ending 31 March 2025. The company attributes its performance to a strategic focus on creating, sustaining, and unlocking value across its diverse portfolio, which spans residential, industrial, and logistics sectors in multiple countries.
The group’s residential development pipeline in Singapore, Australia, Thailand, and China has generated significant earnings visibility, with unrecognised revenue of S$1.4b as of 31 March 2025. Additionally, Frasers Property has delivered approximately 402,500 square metres of industrial and logistics projects, with a further 682,000 square metres in the pipeline.
In sustaining value, the company has actively managed its investment properties, adding approximately one million square metres of income-generating assets over the past 18 months. This strategy aligns with favourable long-term market dynamics, whilst non-core properties have been divested.
Frasers Property is also unlocking value through strategic divestments and acquisitions. Notably, it proposed the divestment of a 50% stake in Northpoint City South Wing to Frasers Centrepoint Trust for S$187.6m. The group also acquired a residential land site in Shanghai and established a new capital partnership in Australia, placing eight industrial and logistics assets into a joint venture.
Looking ahead, Frasers Property plans to launch the Robertson Walk redevelopment project in Singapore in the latter half of 2025. The company remains committed to navigating economic challenges whilst leveraging its integrated business model to deliver long-term returns.
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