Post by account_disabled on Jan 6, 2024 0:36:40 GMT -5
FP_Corebrandmark_Fullcolor_CMYK Frasers Property Thailand strengthens its portfolio Commercial Create a new project in the Silom area Ready to open for service End of year 6 5 Bangkok 27 April 2021 Frasers Property (Thailand) Public Company Limited or “FPT” is the first integrated real estate leader in Thailand. Moving forward to create stable and sustainable growth for the organization according to the One Platform strategic plan by purchasing assets in potential locations with an investment budget of over 1,800 million baht to develop into a new leading mixed-use building in the Silom area. This move will help strengthen and expand the commercial portfolio. It also helps create a consistent income stream for the company in the long run. Mr. Thanaphon Sirithanachai, Chief Executive Officer (Country Chief Executive Officer) of Frasers Property (Thailand) Public Company Limited, said, “With a vision to create sustainable business growth. stable and sustainable Combined with the company's investment readiness, FPT sees the right time to expand investment in assets with high potential.
This new project will be developed into a leading modern mixed-use project. To increase Phone Number List the company's ability to provide services to leading corporate tenants who need office space. With complete facilities in a location in the heart of Bangkok's important business district. This strategic investment will help increase the proportion of recurring income, which will make FPT ready to deal with any challenges and uncertainties that may arise in the future.” Mr.%2BThanapol%2BSirithanachai%252C%2BCountry%2BChief%2BExecutive%2BOfficer%2B%2528Country%2BCEO%2529%252C%2BFrasers%2BProperty%2BThailand This investment It will help create growth and diversify risk for the portfolio of the commercial real estate business group. Under the management of Frasers Property Commercial (Thailand) currently has 5 Grade A office buildings in the CBD area of Bangkok, consisting of Mitrtown Office Tower, FYI Center Building, Golden Land Building, and Sathorn Square Building.
and the Park Ventures Ecoplex Building. This new mixed-use project will consist of a total of 22 floors of service space and two underground floors, or a total area of 49,602 square meters. In addition, it also has the advantage The location is at the corner of Silom Road. Close to Saladaeng BTS Station and Silom MRT Station, therefore convenient for traveling. Mr. Wittawat Kuttathep, Senior Deputy Managing Director Commercial Project Line, Frasers Property Commercial (Thailand) said, “Acquiring assets with potential to develop into leading mixed-use projects. This is an important strategy that will help the company increase its service area to over 49,000 square meters within a short time. The project is expected to be ready for service in the 4th quarter of 2022 and when the development is complete.
This new project will be developed into a leading modern mixed-use project. To increase Phone Number List the company's ability to provide services to leading corporate tenants who need office space. With complete facilities in a location in the heart of Bangkok's important business district. This strategic investment will help increase the proportion of recurring income, which will make FPT ready to deal with any challenges and uncertainties that may arise in the future.” Mr.%2BThanapol%2BSirithanachai%252C%2BCountry%2BChief%2BExecutive%2BOfficer%2B%2528Country%2BCEO%2529%252C%2BFrasers%2BProperty%2BThailand This investment It will help create growth and diversify risk for the portfolio of the commercial real estate business group. Under the management of Frasers Property Commercial (Thailand) currently has 5 Grade A office buildings in the CBD area of Bangkok, consisting of Mitrtown Office Tower, FYI Center Building, Golden Land Building, and Sathorn Square Building.
and the Park Ventures Ecoplex Building. This new mixed-use project will consist of a total of 22 floors of service space and two underground floors, or a total area of 49,602 square meters. In addition, it also has the advantage The location is at the corner of Silom Road. Close to Saladaeng BTS Station and Silom MRT Station, therefore convenient for traveling. Mr. Wittawat Kuttathep, Senior Deputy Managing Director Commercial Project Line, Frasers Property Commercial (Thailand) said, “Acquiring assets with potential to develop into leading mixed-use projects. This is an important strategy that will help the company increase its service area to over 49,000 square meters within a short time. The project is expected to be ready for service in the 4th quarter of 2022 and when the development is complete.