Frasers Property Vietnam Accelerates Toward Green Real Estate Leadership

By: Velorine

As the global real estate industry confronts its role in driving climate change, Frasers Property Vietnam is stepping up as a regional leader in sustainable development. With ambitious environmental targets, pioneering green projects, and a long-term investment strategy rooted in climate responsibility, the company is positioning itself at the forefront of Vietnam’s low-carbon transformation.

A Global Powerhouse with Regional Vision

Frasers Property, a multinational real estate investor, developer, and manager, commands a diverse portfolio valued at S$48.9 billion (approximately $38.4 billion) in assets under management. With a strong footprint across 20 countries, the group has prioritized the industrial and logistics sector, managing over S$15 billion ($11.5 billion) in assets across Australia, Europe, and Southeast Asia especially in Thailand, Vietnam, and Indonesia.

In Vietnam, the company’s industrial and logistics footprint has already expanded to more than 300,000 square meters, with a goal to nearly triple that figure to one million square meters by 2028. This rapid growth reflects both rising investor confidence in the Vietnamese market and Frasers Property’s long-term strategic commitment to the region.

Beyond Logistics: A Diverse and Sustainable Portfolio

While industrial development drives much of its regional growth, Frasers Property Vietnam’s presence also spans high-end commercial and residential real estate. Flagship assets such as Melinh Point, a premium office tower in Ho Chi Minh City, and Q2 Thao Dien, a luxury mixed-use development, showcase the group’s versatility and high standards in design, quality, and community integration.

Despite challenges brought on by the pandemic, the company completed and continues to manage the commercial elements of Q2 Thao Dien, including a high-rise office tower demonstrating resilience and an unwavering commitment to its long-term projects.

Leading with Sustainability

As buildings are responsible for nearly 40% of global carbon emissions and over 70% of urban emissions, Frasers Property has made sustainability a cornerstone of its operations since 2006. The group was the first Singapore Exchange-listed real estate company to commit to net-zero carbon emissions across Scopes 1, 2, and 3 by 2050.

In Vietnam, it has earned the distinction of being the first real estate company in the country with officially approved science-based targets. Its sustainability roadmap includes installing 215 MW of renewable energy capacity globally by 2030, of which 15 MW will be in Vietnam, a significant contribution toward Vietnam’s green energy goals. So far, 46 MW has already been deployed across its global portfolio.

By 2030, Frasers Property aims to:

• Ensure 100% of new developments and 85% of existing properties are green-certified or actively pursuing certification.
  
• Engage 75% of suppliers under a responsible sourcing framework.
  
• Incorporate smart energy solutions such as solar rooftops, EV charging stations, AI-powered energy management, and full LED lighting across new industrial developments.
  

Financing a Greener Future

Sustainability at Frasers Property is not just a design principle, it’s a financing strategy. The group has secured approximately $15.1 billion in green and sustainability-linked loans, placing it among the largest green bond and loan issuers among Singapore-listed firms. This not only underscores its ESG credibility but also aligns with shifting investor and banking priorities toward climate-aligned portfolios.

In Vietnam, Frasers is pioneering the concept of Industrial Service Centres, a first in the country. These facilities blend operational excellence with environmental innovation, creating sustainable value across the industrial ecosystem.

A Long-Term Commitment to People and Planet

“We are committed to carbon neutrality in the built environment and to creating lasting shared value for people, the planet, and society,” said a company representative. “With a clear and consistent strategy, we will continue to lead in responsible investment and deliver meaningful, long-term impacts.”

As Vietnam sharpens its focus on sustainability and urban resilience, Frasers Property is not only expanding its footprint but also shaping the country’s real estate future smart, sustainable, and future-ready.