Our multi-national company is comprised of five asset types.
Frasers Property is a multi-national corporation that develops, owns, and manages a wide, integrated property portfolio. The Group, which is based in Singapore and is listed on the Main Board of the Singapore Exchange Securities Trading Limited, has total assets of about S$40.3 billion as of 30 September 2021.
Residential, retail, commercial, and business parks, as well as industrial and logistics properties, are among our holdings across Southeast Asia, Australia, Europe, and China. In Asia, Australia, Europe, the Middle East, and Africa, our well-established hospitality industry owns and/or runs serviced apartments and hotels in over 70 cities and 20 countries.
Creating places for good via inspiring encounters
Our mission to provide engaging and unique experiences to clients and stakeholders, combining our expertise and talents from across markets and property sectors to produce value across our many asset classes, has brought us together.
We’ve started a quest to establish our common Purpose – “building places for good via inspiring experiences.” We believe not just in inspiring experiences, but also in the extra dimension of building places for good, which aligns with our unifying idea that “experience matters.”
Given the influence of real estate on people’s lives, the quantity of resources it consumes, and the fact that each building may exist for centuries, we can all make a significant contribution to improving the overall quality of life. And we do it by enhancing the quality of the locations we create and the experiences we provide.
Capital management that is strategic
We are also the sponsor of two Singapore-listed REITs and one Singapore-listed stapled trust. Retail, commercial & business parks, and logistics & industrial assets are the emphasis of Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust, respectively. Frasers Hospitality Trust is a stapled trust that invests in hotels.
In addition, the Group includes two REITs that are traded on the Thai Stock Exchange. Frasers Property Thailand Industrial Freehold & Leasehold REIT, which invests in logistics and industrial properties in Thailand, is sponsored by Frasers Property Thailand, and Golden Land Property Development Public Company Limited is the sponsor of Golden Ventures Leasehold Real Estate Investment Trust, which invests in commercial and hospitality properties in Thailand.
Our plan outlines our goals as a company from now until 2030. Three pillars underpin the framework: Acting Progressively, Consuming Responsibly, and Focusing on People. These three pillars comprise a multi-disciplinary framework that recognizes 13 comparable ESG emphasis areas.
Our company’s ability to remain current and satisfy the demands of our stakeholders is aided by an innovative culture. In our quest to build a customer-centric and collaborative culture, we support innovation throughout our organization via partnerships and spontaneous innovation. In addition, we will continue to innovate and optimize procedures to better employee, tenant, and customer experiences, including adjusting to their changing demands throughout the COVID-19 epidemic.
Inclusion, Diversity, and Equity
Diversity and inclusion are important components of Frasers Property’s culture and character. We’re cultivating a culture that values and respects diversity, understanding that it brings us closer to the communities we serve. We seek to create environments where everyone feels free to be themselves at work. To progress and empower women at work, we adopted a Group-wide Diversity & Inclusion Policy in 2020 and committed to the UN Women’s Empowerment Principles.
Materials and Supply Chain Management
Our influence is felt far beyond our business. We understand our responsibility in influencing our supplier chain to produce long-term value, and we urge them to think about environmental, social, and governance challenges in their own operations. To drive responsible sourcing, we performed an internal consultation and materiality assessment in 2021, and we created a Group-wide responsible sourcing policy and workplan. Our influence is felt far beyond our business. We understand our responsibility in influencing our supplier chain to produce long-term value, and we urge them to think about environmental, social, and governance challenges in their own operations. To drive responsible sourcing, we performed an internal consultation and materiality assessment in 2021, and we created a Group-wide responsible sourcing policy and workplan.
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