Frasers Property Diversified Growth
Frasers Property Australia
Residential / Mixed Use - Notes on profit recognition
Estimated total
Project¹
Effective
share
(%)
Total
no. of units 2
Total no. of
units
(consolidation)³
% of
units sold
Estimated
total saleable area²
('000 sqm)
saleable area
Target
(consolidation)³ completion date
('000 sqm)
East Perth (Queens Riverside, Lily Apt) - HD, WA
100
125
125
100.0
12.4
12.4
Completed
East Perth (Queens Riverside, Lily Retail) - R, WA
100
5
5
80.0
0.6
0.6
Completed
Parkview (Social Apt) - HD, VIC
50
153
77
100.0
5.6
2.8
Completed
East Perth (Queens Riverside, QIII Retail) -R, WA
100
6
6
33.3
0.9
0.9
Completed
Edmondson Park (Ed.Square, The Emerson Apt) - HD, NSW
100
91
91
100.0
8.2
8.2
Completed
Burwood East (Burwood Brickworks, Ardent Collection Apt) - HD,
VIC
100
94
94
100.0
5.3
5.3
Completed
Burwood East (Burwood Brickworks, The Terrace Apt) - HD, VIC
100
135
135
100.0
6.1
6.1
Completed
Carina (Minnippi Quarter) - MD/L4, QLD
100
193
193
99.5
n/a
n/a
Completed
Burwood East (Burwood Brickworks) - MD/L4, VIC
100
259
259
100.0
n/a
n/a
1Q FY24
Carlton (Carlton, Encompass Apt) - HD, VIC
65
115
75
99.1
7.5
4.9
1Q FY24
Macquarie Park (Midtown, Mac Apt) - HD, NSW
50
269
135
97.4
17.9
8.9
1Q FY24
Shell Cove (The Waterfront, Shell Cove, Ancora Apt) - HD5, NSW
Shell Cove (The Waterfront, Shell Cove, Nautilus Apt) - HD5, NSW
Macquarie Park (Midtown, Affordable Apt) - HD5, NSW
50
64
32
100.0
5.9
3.0
1Q FY24
50
116
58
100.0
10.9
5.5
1Q FY24
100
130
130
100.0
8.8
8.8
2Q FY24
NB: Profit is recognised on completion basis. All references to units include apartments, houses and land lots. 1. L-Land, H/MD - Housing / medium density, HD - High density, R- Mixed use retail. 2. Includes 100% of JOS, JVs and PDAs.
3. Includes subsidiaries at gross (100%) and equity-accounted JVs and associates, and JOs at their effective share. 4. There are a number of land lots; profit is recognised when land lots are settled; target completion date is the target date for
the sale of the last land lot.
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