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Frasers Hospitality Launches Second Tianjin Property
Daily Bulletin | 20 November 2015
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Frasers Centrepoint’s hospitality arm, Frasers Hospitality, has strengthened its presence in China with the opening of its second serviced residence in the city of Tianjin, Fraser Place Tianjin. This marks the group’s 15th property in China, where its footprint is expected to double to 30 properties with over 7,000 serviced apartment units by 2019.

The 192-unit serviced residence is located in the city’s prime entertainment district, adjacent to the Olympic Stadium Centre and is close the XiQing Economic Development district, an international school and surrounded by leisure options. Frasers Hospitality’s global portfolio, including those in the pipline, stands at 132 properties in more than 70 cities.

Frasers Property  1.630 -0.010 -0.61%   
Business: Co is an integrated real estate player. [FY16 Turnover] Properties Strategic Business Units (SBU) (86.4%), International Business (13.6%).

Insight: Aug-18, 9M18 revenue decreased by 4.3% while net p... Read More


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