Origin Property unites Origin Vertical, Britannia, Origin Hotel, Alpha, and Primo Service Solutions to unveil the number one comprehensive real estate portfolio in the EEC, developing condos, homes, hotels, and warehouses in Chonburi, Rayong, and Chachoengsao. To date, the company has accumulated over 37 billion baht, with more than 12,000 units, 550 hotel rooms, and approximately 199,000 square meters of warehouse space. The overarching strategy 'Origin EEC Empowered' connects the real estate ecosystem and services within the group, catering to the corporate market and investors establishing factories and production bases in the EEC, anticipating a growing demand for warehouses, and providing services in accommodations to enhance corporate welfare for employees and expatriates relocating for work.

Mr. Apisit Sunthornchookiat, Co-CEO of Origin Vertical Corporation, part of Origin Property Public Company Limited (ORI), a comprehensive real estate developer, revealed that the Eastern Economic Corridor (EEC) is a top economic area in the country and a priority for Origin Property in pioneering real estate projects. Over the past decade, the company has contributed to growth in Chonburi, Rayong, and Chachoengsao by developing projects including condominiums, housing estates, hotels, and warehouses, accumulating a total of 33 projects valued at over 37 billion baht, making it the most comprehensive real estate portfolio in the EEC.

With extensive experience in various types of real estate and segments in the EEC, the company recognizes the importance of supporting different businesses looking to invest in the area. Therefore, it has collaborated with all companies in the group, including Origin Vertical Corporation, Britannia Public Company Limited (BRI), Origin Hotel Public Company Limited, Alpha Industrial Solutions Limited, and Primo Service Solutions Public Company Limited (PRI), to advance the strategy 'Origin EEC Empowered', delivering a comprehensive ecosystem of real estate-related products and services to provide one-stop solutions for corporate clients.

“We assess that the demand for housing in the EEC area is not limited to general customers. The market in the EEC today has expanded to include corporate clients investing in the area who need housing for Thai employees relocating from other provinces, as well as expatriates moving from abroad to work. When corporations come in, they are not just looking for housing but also solutions that make everything easier. Therefore, we have gathered our developed housing, totaling over 12,000 units, hotels in Chonburi and Rayong with 550 rooms, meeting and seminar spaces, warehouse rental areas, and related residential services to offer everything in one place, which should facilitate the expansion plans of various companies,” said Mr. Apisit.

Mr. Pathan Somboonsin, CEO of Alpha Industrial Solutions Limited (ALPHA), a developer of industrial real estate under a joint venture between Origin Property Public Company Limited (ORI) and SCG JWD Logistics Public Company Limited (SCGJWD), stated that the EEC zone is the number one area for economic growth in the country, exceeding the national GDP average, with continuous investments in infrastructure and both public and industrial sectors. Over the next five years (2024-2028), the Eastern Economic Corridor Policy Committee aims to attract investments worth 500 billion baht, averaging 100 billion baht per year, leading to increased demand for factories and warehouses.

“Factories and warehouses are the starting point of the ecosystem in the EEC. Currently, Alpha has five warehouse projects in the EEC, totaling over 199,000 square meters of rental space, with some already completed and delivered since Q2 2024, achieving an average occupancy rate of about 80%, which is expected to continue rising. Additionally, over 87,000 square meters are under construction and will gradually be completed by Q1 2025. We also have plans for continuous warehouse development in the EEC. We are confident that the company is ready to support all investments from both domestic and international clients, providing a perfect solution that meets all business needs and connects with the comprehensive range of products and services within the Origin group,” Mr. Pathan stated.

Mr. Surin Sahachartphokanun, CEO of Primo Service Solutions Public Company Limited (PRI), mentioned that the EEC serves as a destination hub for business investments, particularly for establishing manufacturing plants, resulting in an increase in both Thai and foreign labor. In the first half of 2024, investment promotion applications in the EEC reached 179.984 billion baht, a 17% increase from the same period last year, especially in the electric vehicle and electronics manufacturing sectors. It is also projected that the population in the EEC area will increase by approximately 1.2 to 1.5 million people by 2037.

PRI is ready to connect the ecosystem under the 'Origin EEC Empowered' strategy by delivering exceptional prime services from all companies within the Primo group, providing comprehensive real estate-related services in every dimension to the EEC, covering both B2B and B2C customer groups with diverse service needs.