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03 Sep 2026

FTREIT unitholders approve new acquisition, expanding portfolio to over THB 55 billion

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BANGKOK, 3 SEPTEMBER 2026

 

FTREIT held its Unitholders’ Meeting No. 1/2026 on 26 August 2026 where unitholders approved the acquisition of high-quality investment assets from Frasers Property Thailand and backed its fifth capital increase. FTREIT’s acquisition of the additional investment assets is based on a total investment value of up to THB 2,784.4 million[1] with the portfolio comprising more than 130,000 sqm of freehold assets across prime assets in strategic locations. The investment assets’ inclusion into FTREIT’s portfolio will expand its total asset value to over THB 55 billion, further solidifying its position as Thailand’s leading industrial REIT with one of the largest industrial property portfolios under management in the country.

 

The acquired assets comprise five factory buildings (five units) and four warehouse buildings (16 units), totalling nine buildings (21 units) located in Ayutthaya, Prachinburi, Chonburi, and Rayong. The assets are currently leased to top-tier tenants from diverse industries, underscoring Frasers Property’s reputation as a trusted real estate brand and strategic partner.

 

Mr. Bhumpharn Arunthammakul, Managing Director of Frasers Property Industrial REIT Management (Thailand) Company Limited (FIRM), the REIT Manager of FTREIT said, “The successful completion of this investment reinforces FTREIT's leadership in the industrial REIT sector, expanding its assets under management to over 2.5 million sqm post-acquisition. This underscores our stability and commitment to delivering consistent, sustainable long-term cash flows,” stated Mr. Bhumpharn.

 

Effective from 21 September 2026, FTSE Russell is reclassifying FTREIT from its Micro Cap to the Small Cap segment of the FTSE Global Equity Index Series (FTSE GEIS) based on its September 2026 review. This reclassification is expected to strengthen institutional investor interest in FTREIT.

 

Following unitholder approval for the acquisition of investment assets and capital increase, FTREIT expects the batch transfers of assets into its portfolio during September 2026 and January 2027. Additionally, the REIT Manager will submit the filing to the Securities and Exchange Commission (SEC) to offer up to 182 million additional trust units. The overall transaction for this unit offering is expected to be completed by early 2027.

 

[1] Exclusive of the expenses in relation to the investment, i.e., the expenses for the hiring of the property appraisers, legal advisor fees and independent financial advisor fees.

FTREIT unitholders approve new acquisition, expanding portfolio to over THB 55 billion