Frasers Property back in the black for H2; capital, liquidity management remain top priorities: CEO

WHILE the global real estate industry has generally "bottomed out" in terms of recovery from the Covid-19 pandemic, Frasers Property's chief executive Panote Sirivadhanabhakdi stressed that capital and liquidity management will remain at the top of the group's list of priorities as the sector will continue to face uncertainties in the form of "small ups and downs" as a result of the coronavirus pandemic.

Some of these uncertainties include changes in behaviour of users and consumers, he said on a call with reporters and analysts on Friday (Nov 12) to discuss the company's latest financial results.

Frasers Property will have to anticipate these in advance in order to "unlock and enhance" the values of its assets, said Sirivadhanabhakdi.