Frasers Property is a multinational investor, developer, and operator of real estate products and services, spanning residential, retail, commercial, business parks, industrial, logistics, and hospitality sectors. The company develops, owns, and manages a diverse portfolio of properties globally, including serviced apartments and hotels, and sponsors real estate investment trusts. Headquartered in Singapore, the company was founded in 1963.
SGX’s Real Estate Developers and Operators have returned 12% YTD, outperforming the STI’s +8%. Despite the rally, the price-to-book ratio of the...