The group owns and manages properties in the commercial, residential, hospitality, retail and industrial and logistics sectors.
At the time of the acquisition, CPL's sole function was as the owner and operator of The Centrepoint mall,[2] and its executive director was G.H.
[7] In 1994, CPL opened and began managing its first residential project with The Anchorage, a condominium complex at the location of a former Anchor Brewery in Singapore.
[8] In 1996, it broke ground on its first commercial project in Vietnam called, Me Linh Point, in Ho Chi Minh City.
The FCT launched with a listing on the main board of the Singapore Exchange Securities Trading Limited (SGX-ST).
[2][15] In 2013, FCL's parent company, Fraser and Neave, was acquired by Thai Chinese billionaire Charoen Sirivadhanabhakdi's TCC Group for $11 billion.
[22][23] In October 2016, Panote Sirivadhanabhakdi took over as the group's CEO, replacing the retiring Lim Ee Seng who had held the role for 12 years.
[24] Sirivadhanabhakdi had previously been the CEO of the Thailand-based Univentures Public Company and a non-executive and non-independent director of Frasers Centrepoint.
[25] In April 2017, it was announced that Frasers Centrepoint (in collaboration with the TCC Group) was planning the largest mixed-use development in Thailand known as One Bangkok.
Due to be completed in 2025, the 16.7 hectare integrated district will feature residences, hotels, office space, and shopping malls.
[26] Later that month, the group acquired an 86.56% stake in Geneba Properties NV, a real estate investment company based in Amsterdam.
[27] It continued adding to its European portfolio with acquisitions of two warehouse facilities in Germany in October 2017, four business parks in the U.K. in November 2017, and the German commercial, logistics, and manufacturing developer Alpha Industrial in February 2018.
[29] Later in February, the Frasers Property Group acquired an additional 26.1% stake in Thai-listed developer, TICON Industrial Connection Public Company, in which it already owned a 40.95% share.
[30] TICON was later renamed Frasers Property Thailand in 2019 with Golden Land Development Company as a subsidiary[31] In May 2018, the group partnered with Singaporean sovereign wealth fund, GIC, and coworking company, JustCo, to invest $177 million in creating a Southeast Asian coworking platform.
[36] In 2021, the company launched a $950m share sale to fuel the acquisition of industrial and business parks, as well as set up new property investment vehicles.
In July 2019, it was announced that the FLT would be included in a new business unit that would merge Australia and Europe's industrial and logistics operations.
[40] Frasers Property Thailand was previously known as TICON Industrial Connection Public Company until it was acquired in 2018 and rebranded in 2019.
[55] As of February 2019, the unit operates more than 150 hotels and serviced residences in over 70 cities in Asia, Europe, Australia, and the Middle East.