BANGKOK, 13 FEBRUARY 2026

Frasers Property Industrial REIT Management (Thailand) Company Limited (“FIRM”), the REIT Manager of Frasers Property Thailand Industrial Freehold & Leasehold REIT (“FTREIT”) has released its 1Q FY2026 (October – December 2025) performance. 1Q FY2026 total revenue of THB 1,121.1 million grew by 8.5% or THB 87.7 million year-on-year (Y-o-Y) while 1Q FY2026 net profit on investment increased 11.3% Y-o-Y to THB 764.0 million. FIRM has declared a dividend of THB 0.1945 per unit for 1Q FY2026 to be paid on 12 March 2026.

Bhumpharn Arunthammakul, Managing Director of FIRM, as the REIT Manager of FTREIT, said, “FIRM has successfully delivered improved performance for FTREIT in 1Q FY2026. This achievement was the result of an enlarged portfolio leasable area following the acquisition of factories and warehouses in September 2025. We continue to see ongoing demand from the logistics and electronics sectors, which had bolstered the average occupancy rate for 1Q FY2026 to 93.7%, representing an increase from 92.8% in the previous quarter.”

Looking ahead, the REIT Manager anticipates that Thailand’s economic outlook for 2026 will face continued pressure from geopolitical and trade policy tensions, as well as domestic political uncertainty. Nevertheless, the Thai economy is expected to stage a gradual recovery, with the manufacturing and export sectors bolstered by the growth in international demand for electronic products such as semiconductors, printed circuit boards (PCBs) and hard disk drives (HDDs).

The REIT Manager further expects investor confidence in Thailand to remain steady, with continued demand for factory and warehouse rentals from international manufacturing and supply chain players. Data from the Thailand Board of Investment (BOI) revealed that investment promotion applications grew by 21% in 2025, with total investment value surging 66% from the year before.