Frasers Property turns focus to industrial and logistics sectors on limited supply, regional growth
The group’s assets for these segments have increased by over 80 per cent in the last five years to S$11.7 billion as at the end of March 2024
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FRASERS Property has been beefing up its industrial and logistics portfolio as the property group looks to increase its exposure to high-performing asset classes.
The group’s assets on balance sheet for these sectors increased by over 80 per cent from S$6.4 billion as at end September 2018 to S$11.7 billion at the end of March 2024.
In an interview with The Business Times, Reini Otter, Frasers Property Industrial’s chief executive officer, said: “In the last five years between FY19 and FY23, Frasers Property has focused its investment on industrial and logistics, diversifying outside the residential and hospitality sectors.”
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