Amidst the fragile Thai economy facing pressures both domestically and internationally, such as high household debt, declining purchasing power, and geopolitical issues, the real estate market has continued to slow down.

Despite the bleak situation, Frasers Property (Thailand) Public Company Limited, a leader in real estate development in Thailand, has managed to maintain stable performance. This is reflected in the financial results for the fiscal year 2025 (October 2024 – September 2025), with revenues of 14.686 billion baht and profits of 1.455 billion baht, remaining steady from 2024, which reported revenues of 14.621 billion baht and profits of 1.467 billion baht.

The strength behind this stability comes from being Thailand's first comprehensive real estate platform designed with a strategy that covers three main sectors: Residential, Industrial, and Commercial Mixed-Use. This development followed the merger with Land and Houses Public Company Limited (Golden Land) in 2019. This merger not only allows the company to grow steadily from a diverse Multi-Asset Class Portfolio but also combines in-depth market knowledge of Thailand with the comprehensive real estate management expertise of the Frasers Property Group, which operates in Southeast Asia, China, Australia, and Europe, distinguishing it in the Thai real estate market.

Establishing 6 Revenue Engines from Sales and Recurring Income

Diving deeper, Frasers Property Thailand has a total of 6 business segments that serve as growth engines, blending sales-driven businesses such as low-rise and high-rise residential properties with recurring income-generating sectors including industrial and logistics, industrial estates, office buildings, hotels, and retail. Structuring the portfolio with these 6 businesses lays a stable and flexible foundation, helping to diversify risks and mitigate impacts from economic fluctuations effectively.

With industrial and logistics businesses and industrial estates as key drivers, the company offers comprehensive service solutions from land procurement to factory and warehouse construction, addressing the diverse needs of the industrial sector. This supports two main trends: the expansion of production bases and supply chains into ASEAN, as well as ongoing foreign direct investment flowing into Thailand.

Additionally, the company boasts a premium commercial real estate portfolio featuring mixed-use projects in CBD locations that integrate office and retail spaces, including One Bangkok, Park Ventures, Sathorn Square, The PARQ, FYI Center, Samyan Mitrtown, and Silom Edge. These projects cater to urban lifestyles and enhance traffic flow.

In the residential sector, the company offers products that cover every market segment to meet diverse customer needs, ranging from luxury homes, townhouses, to condominiums under brands like The Grand, Grandio, Gramour, Gute’, and Goldina.

Leveraging Business Strength through an International Network

Frasers Property Thailand, as part of Frasers Property Limited, benefits from an international network that combines knowledge and experience while connecting customer bases. This is particularly evident in the industrial and logistics sectors, where the network's potential is leveraged to provide seamless services to multinational clients, allowing the company to expand its role from a service provider in Thailand to a partner supporting customer growth at a regional level.

The collaboration within the group to strengthen the business also includes integrating One Bangkok into the same operational platform, merging teams with high expertise and experience in leasing, asset management, and tenant relations into a comprehensive system to enhance operational standards and tenant care more effectively.

Frasers Property Thailand will continue to develop an ecosystem that connects the potential of all asset groups to deliver an even better experience for current and future customers.

Confident in 2025, Business Will Continue to Expand Despite Economic Slowdown

With the Multi-Asset Class Portfolio approach driven by 6 business engines, Frasers Property Thailand can flexibly adjust its operational strategy according to market conditions. This year, the company anticipates total revenue to exceed 15 billion baht, focusing on industrial and logistics businesses and industrial estates as the main engines for revenue generation. The goal is to expand managed factory and warehouse space from 3.8 million square meters to 4 million square meters, as well as increase industrial estate area from 1,891 rai to 3,800 rai in Araya - The Eastern Gateway, with plans to develop an additional 2,200 rai in Chonburi province.

For the office and retail business, the integration with One Bangkok has positioned the company with the largest premium commercial real estate portfolio in Thailand, featuring 7 mixed-use projects totaling over 1.8 million square meters. Meanwhile, the low-rise residential sector will launch 4 new projects valued at 7.3 billion baht.

The above plans and goals reflect the company's continuous operations despite facing economic uncertainties, stemming from Frasers Property Thailand's vision as a market leader in real estate with a strategy for growth through a Multi-Asset Class Portfolio, supported by effective management from a professional team with extensive experience in the real estate industry.

With a robustly structured portfolio, the company is ready to leverage existing strengths and seize new opportunities arising from market changes to drive the business forward steadily in the long term.

###