Frasers Property Thailand and its Group Companies Win Frost & Sullivan Award 2021 

Recognized for Innovation and Operational Excellence

With a Promising Hyperscale Data Center Business

Frasers PropertyThailand Public Company Limited, or “FPT,” the first comprehensive real estate leader in Thailand, announces its latest achievements along with its subsidiaries by winning awards and being recognized as a company to watch by Frost & Sullivan, a global business consulting and research organization. Each year, they evaluate leading companies worldwide to identify those that stand out regionally and internationally in terms of industry leadership, driving innovation, providing excellent customer service, and the ability to develop products and services effectively in line with corporate strategies. 

With the One Platform strategy of Frasers Property Thailand, which integrates residential, industrial, and commercial real estate businesses with high potential, the company can provide comprehensive and differentiated services compared to other providers. This has resulted in strong business operations and sustainable growth in all circumstances. Therefore, Frost & Sullivan has selected the Frasers Property Thailand group to receive the following awards for 2021: 

  • Thailand Property Development Competitive Strategy & Innovation Leadership Award for excellence in strategic planning and management, as well as the ability to offer differentiated products and services through innovation and comprehensive solutions, allowing for comprehensive and targeted customer service. Frasers Property Thailand is recognized as a strong and prominent brand in Thailand.
  • Thailand Integrated Warehouse Developer Company of the Year Award awarded to Frasers Property Industrial (Thailand), or the industrial real estate business group, which leads in the business with outstanding product and service development capabilities, along with excellent operational efficiency from long-standing experience and expertise. Currently, it manages over 3 million square meters in strategic industrial locations across Thailand, earning recognition as a leading brand in factory and warehouse development in the country.
  • ST Telemedia Global Data Center Thailand, a joint venture between Frasers Property Thailand and ST Telemedia Global Data Center, has been recognized as A Company to Watch in the Frost & Sullivan’s Thailand Data Center Colocation Services Market Report 2021 for its ability to provide hyperscale data center services with carrier-neutral connectivity, allowing connections with all telecommunications providers. It has also achieved international design standards covering telecommunications infrastructure and critical data center operations. Additionally, this data center is strategically located in Bangkok, which are all significant factors attracting leading global enterprise customers from both hyperscale and retail sectors to choose its services.

Mr. Thanapol Sirithanachai, Chief Executive Officer of Frasers Property (Thailand) Public Company Limited, stated: “Receiving awards and recognition from Frost & Sullivan reflects the potential and strength of Frasers Property Thailand's comprehensive real estate platform, which has a diverse portfolio of quality real estate businesses. This makes the company robust and resilient in facing upcoming business challenges, with the potential for stable and sustainable growth in the future. FPT will continue to drive the company’s growth through the One Platform strategy and advance both the business and industry by developing innovations while emphasizing sustainable management throughout the value chain to deliver excellent products and services that meet all customer needs effectively.”

“The excellent performance of Frasers Property Thailand in 2020 is a testament to the success of the comprehensive real estate business strategy under a single platform. A key part of the long-term strategic plan is to incorporate technology and innovation into operations, such as the Dashway project or the intelligent security system innovation that uses artificial intelligence and machine learning to enhance service efficiency for customers, the Gold Care application for residential customers, which serves as a channel for reporting and tracking complaints and repair requests effectively, and the Mitr App and Fix it Now applications for customers and operators in shopping centers focusing on providing information and enhancing service efficiency quickly. All of these activities promote FPT's differentiation and superiority over other real estate service providers in the market, combined with a strong strategy that allows it to meet the ever-changing demands of customers,”said Mr. Vivek Wanchiswar, Senior Industry Analyst at Frost & Sullivan.