Listed in the Singapore Exchange Securities Trading Limited (“SGX-ST”) and headquartered in Singapore, Frasers Property Limited (SGX:TQ5) is a multi-national owner-operator-developer of real estate products and services across the property value chain.
Its properties span across 5 asset classes – residential, retail, commercial and business parks, industrial and logistics, as well as hospitality across different geographical locations and some of them include Southeast Asia, Australia, Europe, as well as China.
Frasers Property is also a sponsor of 3 REITs: Frasers Centrepoint Trust (a pure-play retail REIT), Frasers Logistics and Commercial Trust (whose portfolio include commercial and business parks, as well as industrial and logistics properties), and Frasers Hospitality Trust (where it owns and/or operates serviced apartments and hotels.)
In this post, I will be sharing with you my technical analysis on the recent share price movements of Frasers Property and its 3 REITs (based on a daily timeframe), along with my analysis of how their share prices are likely to move in the near-term. …