FTREIT unitholders have approved the investment to acquire high-potential assets from Frasers Property Thailand, with a value not exceeding 2,784.40 million baht. They also gave the green light for the fifth capital increase to expand the total portfolio to exceed 55,000 million baht. The acquired assets comprise 5 factory buildings and 4 warehouses, totaling 9 buildings (21 units) in Phra Nakhon Si Ayutthaya, Prachinburi, Chonburi, and Rayong provinces. These are freehold properties covering over 130,000 square meters, bringing the total managed area to over 2.5 million square meters. The transfer of assets will begin from September 2026 to January 2027, and the trust will offer up to 182 million new units. The entire process is expected to be completed by early 2027.
Frasers Property (Thailand) Public Company LimitedFTREIT unitholders approved acquiring assets worth up to 2.78 billion baht from Frasers Property Thailand, a divestment/M&A event for the company.
Ticon Freehold and Leasehold Real Estate Investment Trust