Frasers Property Diversified Growth
Frasers Property Thailand
Business Unit Overview
Chiang Mai
Chiang Rai
Lumphun
Udon Thani
Khon Kean
Nakhon Ratchasima
Bangkok
Ayutthaya
Nonthaburi
Pathum Thani
Bangkok
Prachinburi
Samut Sakhon
Samut Prakan
Chachoengsao
Chonburi
Rayong
S$3.4 b
975 assets
S$1.0 b
5 assets
S$0.3 b
1,080 keys
S$2.3 b
2 REITS
S$0.05 b
78 active
projects
Warehouse &
Factory AUM³
Office & Retail
AUM³
Hospitality
AUM³
REIT AUM
Unrecognised
residential
revenue4,5
•
•
81.8%¹ deemed interest in FPT, a leading integrated real estate
platform and one of the largest property developers in Thailand
Holds a -26.6% and -23.6% stake in FTREIT (portfolio value
~S$1,858.5 million) and GVREIT (portfolio value ~S$400.2 million),
respectively
FPL separately holds a 19.8%² effective stake in the One Bangkok
project, which has 1.8 million sqm of GFA, five Grade A office towers,
five luxury and lifestyle hotels, three ultra luxury condominiums, and four
distinctive retail precincts
Commercial & Retail NLA
breakdown (sqm)
Industrial & Logistics
NLA breakdown 6 (sqm)
Non-REIT,
147,187,
Industrial & Logistics
60%
Total
● Residential
247,187
• Commercial
Non-REIT,
1,254,651,
36%
Total
3,465,4497
REIT,
REIT,
100,000,
40%
2,210,798,
64%
The map above is a modified and/or derivative version of a work taken from commons.wikimedia.org/wiki/File:Thailand location map.svg under a Creative Commons license.
1. As at 30 September 2023, FPL holds approximately 38.3% through its wholly owned subsidiary, FPHT, and 43.5% through Frasers Assets Co., Ltd, a 49:51 JV with TCC Assets Co., Ltd ("TCCAT"). 2. TCCAT and FPHT have an effective economic
interest of 80.2% and 19.8%, respectively, in the One Bangkok project. 3. Comprises property assets in Thailand in which the Group has an interest. 4. Includes the Group's subsidiaries at 100%. 5. Includes options signed. 6. As at 30 September 2023.
7. Includes a portfolio of industrial and logistics assets in Indonesia with 149,656 sqm of NLA.
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