Frasers Property (Thailand) Public Company Limited

2023

Asia's Best Performing Companies

Frasers Property (Thailand) Public Company Limited

Asia's Best Performing Companies

2023

about Frasers Property (Thailand) Public Company Limited

“Building Spaces for Good”

Frasers Property develops sustainable communities and quality real estate developments across Thailand.

Established in 1990, Frasers Property (Thailand) Public Company Limited, is a leading real estate developer that has been listed on the Stock Exchange of Thailand since 2002. It is a subsidiary of Frasers Property Limited, a multi-national company that owns, develops and manages a diversified portfolio in 5 real estate asset classes including serviced apartment and hospitality, residential, commercial and business park, retail, and industrial property.

In 2019, FPT acquired the Golden Land Property Development Public Company Limited (GOLD) to expand its business and become the first fully integrated real estate platform in Thailand. This milestone represents FPT’s commitment to offering a comprehensive and seamless experience for customers across various asset classes, especially its three key business units: residential, industrial, and commercial.

FPT stands out in the residential development industry by delivering purposeful and inspiring living spaces. It understands the ever-evolving needs of homebuyers and focuses on customer-centricity, quality craftsmanship, and meticulous attention to detail to provide a diverse range of residential options. While balancing its portfolio with condo and up-country housing developments, FPT also seeks to maintain its position as a leader in twin house and townhouse offerings.

For the industrial sector, FPT boasts the largest Asset Under Management (AUM) spanning 3.42 million sqm. By leveraging its extensive industry knowledge, strategic partnerships, and innovative technologies, the company delivers tailored Build-to-Suit options to cater to the unique needs of businesses. Focusing on operational excellence, scalability, and sustainability, FPT provides clients with competitive advantages through its integrated industrial and logistics solutions. 

Although the commercial development sector is highly competitive, FPT sets itself apart as a leader by creating vibrant and innovative commercial environments. Notably, it offers premium grade A office building spaces that are strategically located near BTS/MRT stations. Coupled with top-notch security measures and seamless connectivity, these convenient locations make FPT’s office buildings highly sought after.

Beyond just constructing buildings, FPT focuses on creating environments that enhance the quality of life for the people who inhabit them, while actively seeking to minimize the environmental impact of its projects. Driven by its purpose of “Inspiring experiences, creating places for good”, it is committed to developments that deliver exceptional experiences and add value to people’s lives. 

FPT’s commitment to ethical conduct and environmental responsibility is evidenced by its many accreditations. For instance, the company has been selected as one of the sustainable stocks of THSI, a prestigious distinction among companies listed on the Stock Exchange of Thailand. In addition, it has achieved an A-level rating for corporate sustainability disclosures based on the international Global Real Estate Sustainability Benchmark (GRESB). 

Furthermore, FPT has received a 5-star CG Rating of “Excellent” from the Thai Institute of Directors (IOD) for its sponsorship of the Stock Exchange of Thailand, which reflects its commitment to transparency, integrity, and sound corporate governance. It has also earned WiredScore Platinum and Gold certifications for its achievements, making it the first in Thailand to receive the prestigious WiredScore recognition. 

In terms of sustainability, FPT has earned a LEED ‘Gold’ certification and WELL standard compliance, solidifying its position as a leader in sustainable and wellness-driven real estate. Along with other prestigious awards, these acknowledgments affirm FPT’s commitment to integrating environmental, social, and governance (ESG) principles into its business practices.

With its solid track record and financial stability, FPT has also demonstrated its ability to secure funding, withstand market fluctuations, and deliver profitable outcomes. This enables the company to pursue ambitious projects, invest in innovation, and generate sustainable returns for its investors. Embracing its role as a place maker and space creator, FPT strives to continue providing a one-stop solution for customers’ diverse property needs and shaping the future of sustainable real estate development in Thailand.

Eastern Communications’ talent development and career advancement programmes are put in place to determine talents who are ready for next level, leadership roles or critical roles. The organization conducts a Talent Assessment, which determines readiness; and identifies development programs that the incumbent will need to achieve and be successful in the target position.

Shanggari Balakrishnan, Chief Executive Officer, MORS Group

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