Frasers Property's net gearing falls slightly to 93.6% in 3QFY2026

Jovi Ho08-11

Pre-sold revenue stands at $1 billion as at June 30, down from $1.4 billion at Sept 30, 2025. Frasers Property's (FPL) net debt over total equity stands at 93.6% as at June 30, down from 94.2% as at ...

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Frasers Property's (FPL) net debt over total equity stands at 93.6% as at June 30, down from 94.2% as at ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/frasers-propertys-net-gearing-falls-slightly-936-3qfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Frasers Property's net gearing falls slightly to 93.6% in 3QFY2026</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFrasers Property's net gearing falls slightly to 93.6% in 3QFY2026\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-11 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/results/frasers-propertys-net-gearing-falls-slightly-936-3qfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Jovi Ho</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pre-sold revenue stands at $1 billion as at June 30, down from $1.4 billion at Sept 30, 2025. Frasers Property's (FPL) net debt over total equity stands at 93.6% as at June 30, down from 94.2% as at ...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/frasers-propertys-net-gearing-falls-slightly-936-3qfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AEI","symbol_name":"Alset EHome International Inc.","start_time":0,"source_url":"https://www.theedgesingapore.com/capital/results/frasers-propertys-net-gearing-falls-slightly-936-3qfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2658941169","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/capital/results/frasers-propertys-net-gearing-falls-slightly-936-3qfy2026?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2658941169","pubTimestamp":1786419494,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Pre-sold revenue stands at $1 billion as at June 30, down from $1.4 billion at Sept 30, 2025. ","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AEI":"Alset EHome International Inc.","SRT.SI":"CSOP S-REITs INDEX ETF","JJJ.SI":"Lion-Nomura Japan Active ETF","BK4563":"昨日强势股","CFA.SI":"NikkoAM-STC Asia REIT","BK4024":"房地产开发","FPL":"First Trust New Opps MLP & Energy Fund","SRU.SI":"CSOP iEdge SREIT ETF US$","GLS.SI":"Lion SG Phy Gold S$","CLR.SI":"LION-PHILLIP S-REIT"},"translate_title":"辉狮地产 2026 财年第三季度净资产负债率小幅下降至 93.6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SRU.SI":0.6,"CLR.SI":0.6,"FPL":1,"JJJ.SI":0.6,"AEI":1,"CFA.SI":1.5,"SRT.SI":0.6,"GLS.SI":0.6},"content_text":"Pre-sold revenue stands at $1 billion as at June 30, down from $1.4 billion at Sept 30, 2025. Frasers Property's (FPL) net debt over total equity stands at 93.6% as at June 30, down from 94.2% as at March 31.\nAccording to its business update for 3QFY2026 ended June 30, FPL's net debt over property assets climbed to 44.9% at the end of the period, down slightly from 45.5% as at March 31. \nThis includes net debt of consolidated Singapore-listed REITs. Total debt stands just under $18.1 billion.\nCash and bank balances fell to $2 billion as at June 30, down from $2.4 billion at Sept 30, 2025.\nPre-sold revenue stands at $1 billion as at June 30, down from $1.4 billion at Sept 30, 2025. \nThere remains some $914 million of debt due in FY2026 ending Sept 30, and just under $4.6 billion in debt due in FY2027. This includes debt from FPL's listed REITs. \nFPL says in its latest business update released Aug 11 that it is \"well-positioned to repay and/or refinance debt\".\nResidential\nFPL's total unrecognised revenue in its residential segment fell to $1 billion as at June 30, down from $1.4 billion as at Sept 30, 2025. \nWithin its four core markets, it has 984 contracts on hand in Singapore worth some $400 million, 1,415 contracts on hand in Australia worth some $500 million, 126 contracts on hand in Thailand worth some $30 million and 178 contracts on hand in China worth some $100 million. The figure for Thailand excludes assets at One Bangkok.\nIn Singapore, FPL's unrecognised revenue is underpinned by two launched projects. Earnings visibility is supported by sales at Dunearn House, with 56% of 380 units sold during launch weekend on July 25, alongside additional pipeline from two government land sales (GLS) sites: Kallang Close, secured in April; and Bayshore Drive, secured in July.\nFPL has a 33.3% effective stake in Dunearn House. Meanwhile, FPL and Mitsubishi Estate secured the Kallang Close GLS site with a $610.75 million bid. The site can potentially yield about 470 private homes, alongside a childcare centre.\nFPL, Frasers Centrepoint Trust, Sunway MCL, Sekisui House and Lum Chang Building Contractors secured the Bayshore Drive mixed-use GLS site with a $2.1 billion bid, and the site is expected to yield up to 1,280 residential units and 22,500 sqm of commercial area. \nOver in Australia, FPL reports stable unrecognised revenue despite fewer contracts on hand; the real estate giant had reported 1,490 contracts on hand in the market as at March 31 worth $500 million. \nThis reflects softer market conditions amid higher interest rates, says FPL on Aug 11. New projects and staged launches across land projects in key markets continue to support FPL's earnings visibility in Australia. \nIndustrial and logistics\nFPL's industrial and logistics segment added some 68,300 sqm of landbank over 9MFY2025 ended June 30. Its industrial and logistics pipeline, including those delivered so far this financial year, stands at 1,097,369 sqm. \nRental reversion is positive across its industrial and logistics assets in Australia, the European Union and Thailand, with weighted average lease expiry (WALE) of 5.3, 4.6 and 2.8 years respectively. \nRetail\nRental reversion was positive across FPL's Singapore, Australia and Thailand retail assets. In Singapore, occupancy and rental reversion remained healthy, supported by continued leasing momentum, says FPL. \nHougang Mall's asset enhancement initiative (AEI) is 99% committed ahead of its September completion, while space in the first phase of NEX's AEI has achieved 87% pre-commitment to date.\nCommercial \nRental reversion was positive across FPL's Singapore, Australia, Thailand, Vietnam and UK commercial assets, with the most renewals and new leases coming from Thailand during 9MFY2026. \nHospitality\nRevenue per available room (RevPAR) among FPL's Asia-Pacific excluding Thailand hospitality properties fell 7.3% y-o-y to $151.80 during 3QFY2026. \nRevPAR fell on softer average daily rate (ADR) in China and Malaysia, the ramp-up of Frasers House in Singapore following an operator change and the May 2025 deflagging of Fraser Place Robertson Walk, partly offset by stronger performance in Japan and Australia, says FPL.\nWithin Thailand, FPL's hospitality properties saw RevPAR fall 8.8% y-o-y to $102.10 during 3QFY2026. \nIn Europe, Middle East and Africa (EMEA), FPL's hospitality properties saw RevPAR rise 3.2% y-o-y to $184.50 during 3QFY2026. \nShares in FPL closed at $1.05 on Aug 11, down some 7% year to date.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2658941169","isCrawlerRequest":true}