FTREIT announced its performance for the first half of the fiscal year 2025 (October 2024 - March 2025), achieving total revenue of 2,091 million baht, an increase of 116 million baht or 5.9%. The net investment profit reached 1,388 million baht, up by 113 million baht or 8.8% compared to the same period last year. In the second quarter of fiscal year 2025 (January - March 2025), total revenue was 1,057 million baht, an increase of 73 million baht or 7.4%, with net investment profit of 702 million baht, up by 63 million baht or 9.9% compared to the same period last year, while emphasizing a flexible management strategy in challenging circumstances.

Mr. Phumphara Arunthamkul, Managing Director of Frasers Property Industrial REIT Management (Thailand) Co., Ltd., or "FIRM," as the trustee manager of the Frasers Property Industrial REIT, stated that the trust continues to benefit from the demand for factory and warehouse rental space from clients in the electronics and other industrial sectors, driven by foreign investors expanding their production capacity in Thailand. This has led to a continuous increase in the average occupancy rate, reaching an All-Time High of 90% from a New High in the previous quarter.

For the second quarter distribution, FTREIT announced a payout of 0.1880 baht per trust unit, scheduled for payment on June 6, 2025. Combined with the previous quarter, FTREIT has distributed a total of 0.3760 baht per trust unit for the first half of fiscal year 2025.

Additionally, on March 28, 2025, an earthquake centered in Myanmar was felt in Thailand. The trust's management and property executives have completed inspections of the properties under its management, which experienced minor impacts that do not affect tenant operations. Repairs are currently being prepared. The trust has industrial all-risk insurance covering property damage from such earthquakes.

Moreover, Mr. Phumphara commented on the current economic situation, emphasizing the need to closely monitor trade policy clarity, as fluctuations may arise from tariff changes. However, the trust's performance and revenue collection from tenants remain normal, and new lease agreements for factories and warehouses continue to be executed.

To ensure steady growth for the trust amid challenging circumstances, FIRM will manage the portfolio flexibly to sustain value by implementing flexible leasing strategies, offering a variety of leasing packages and services, including short-term and long-term lease agreements tailored to customer needs. The use of buildings will be adaptable for both warehouse and factory purposes to maintain flexibility and meet market demands, while focusing on a customer-centric approach by providing comprehensive services from consultation to after-sales support.

At the same time, FIRM will work closely with Frasers Property Thailand, the property management company, to seek and create opportunities for sustainable growth by developing and enhancing buildings to be more efficient under green building standards and unlocking new value through innovations, technologies, and new solutions to enhance operational capabilities, improve service efficiency, and create added value for the trust.