0109 GMT - Frasers Property has strong income visibility into FY 2026, say DBS Group Research analysts in commentary. The Singapore-listed property company has unrecognized residential revenue of S$1.4 billion, largely from strong take-up rates at its Singapore residential projects and sales in Australia and China. Its industrial and logistics portfolio likely remains well-placed to deliver steady earnings, partly thanks to rising foreign direct investments in Vietnam and strong leasing momentum, they add. Its retail assets should stay defensive given completed asset-enhancement projects and suburban consumption resilience, they write. DBS raises its target price to S$1.26 from S$1.14 and maintains its buy rating. Shares fall 0.95% to S$1.04. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
November 16, 2025 20:09 ET (01:09 GMT)
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