Frasers Property Diversified Growth
Robust pipeline of upcoming developments for I&L portfolio
Strategic replenishment of landbank fuels development pipeline
•
Completed seven development projects ~174,000 sqm
across Australia in FY23
.
Three development projects totalling ~75,000 sqm
completed in 4Q FY23
Australia and EU
17 assets under development
13 assets to be completed in FY24 and 4 assets in FY25
•
Total land bank of 2.4 million sqm
106,300
Strengthened development pipeline with 17 projects
totalling 609,000 sqm planned for completion in FY24
and FY25
Total NLA
431,000 sqm
•
VIC totalling ~132,000 sqm across four projects
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•
•
•
NSW totalling ~250,000 sqm across eight projects, mainly
from 'The YARDS' development in Kemps Creek
QLD totalling ~68,000 sqm across two projects
The Netherlands totalling ~81,000 across two projects
Germany totalling ~78,000 sqm in The Tube, Dusseldorf
Acquired four greenfield development sites totalling
~388,000 sqm across Australia and Germany in FY23
Acquired ~50,600 sqm in Langsberg, Germany in 4Q FY23
1. Estimated total NLA.
We are Frasers Property
48,100
56,800
Total NLA
158,500 sqm
109,200
77,800
47,400
110,600
Total NLA
19,500 sqm
33,300
Australia assets
under development
1
EU assets
under development
1
Assets under development in
Australia and EU contracted for
sale to third parties
■1Q FY24 ■ 2Q FY24
■ 3Q FY24
■ 4Q FY24
■1Q FY25
23
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