About us
Frasers Property Thailand Industrial Freehold & Leasehold REIT (FTREIT) is a real estate investment trust (REIT). It was established pursuant to the Transactions in Capital Market Act B.E. 2550 on 12 December 2014, with registered capital of THB 3,425.0 million. FTREIT was listed on the Securities Exchange of Thailand (SET) and the initial date of trading was on 9 January 2015.
BBL Asset Management Co. Ltd., the Trustee, has appointed Frasers Property Industrial REIT Management (Thailand) Co., Ltd. to act as the REIT Manager. Frasers Property (Thailand) Plc. and Frasers Property Industrial (Thailand) Co., Ltd. are hired as the Property Manager and Thailand Securities Depository Company Limited acts as the Trust Registrar.
As at 31 December 2023, the properties at fair value was over THB 49,871.6 million. FTREIT’s investment portfolio is presently comprised of 701 units of factories and warehouses, representing an area of over 2.26 million sq.m., all of them located in key industrial areas of Thailand, such as Ayutthaya, Pathum Thani, Samut Prakan and the Eastern Economic Corridor (EEC). Acquired complete with tenancies of world-class companies from various industries, including next-generation automobiles, logistics and electronics, these income producing assets have an average occupancy rate around 86.2% Moreover, FTREIT was assigned with an ‘A/Stable’ rating, which is the highest credit rating among all REITs in Thailand.
Vision
To be a leading Industrial and Logistics REIT in Thailand.
Mission
- To efficient manage properties under the REIT.
- To strategically invest in high quality standard of properties by using funding with appropriate cost.
- To manage risk of REIT to contribute sustainable distribution to unitholders.
Our history
