Frasers Property Commercial (Thailand) introduces ready-to-use PromptMove Offices aimed at fast-growing businesses

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BANGKOK, 13 September 2023

Frasers Property Commercial (Thailand) Co., Ltd., or " FPCT", a leading Grade A commercial real estate company and developer of mixed-use projects in prime locations in Bangkok, has unveiled its latest offering – "PromptMove", an innovative solution to better accommodate businesses seeking rapid and hassle-free relocation to the CBD, saving time and cost, while ensuring a seamless work environment.

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Mr. Withawat Koottatep, First Executive Vice President of the Commercial Project Division, Frasers Property Commercial (Thailand), said, "In the highly competitive landscape of commercial real estate, characterised by a surge in supply, FPCT remains committed to improving its well-rounded services to retain existing tenants and attract potential ones. In recognising the growing demand for instant business operations and efficient management, we introduced ‘PromptMove' as an innovative solution to the market. This fully-furnished office space, designed under the ready-to-move-in and ready-to-use concept, optimises space utilisation and provides a conducive work atmosphere. It aligns perfectly with the expectations and needs of customers and entrepreneurs in today's fast-paced business environment – offering the convenience of immediate occupancy once the contract is signed."

The PromptMove ready-to-move-in offices feature optimal space utilisation that helps tenants avoid large upfront investments in furnishing budgets and saves time otherwise spent engaging with design teams. This innovative solution offers the convenience of immediate occupancy once the contract is signed and can help unlock opportunities for SME entrepreneurs or small, fast-growing organisations (13-30 employees) to secure prime commercial space close to other leading businesses, international brands, and financial institutions. Its flexible subscription model is distinct from solutions offered by other co-working spaces, with private spaces that offer enhanced security without the burden of long-term rental commitments or extensive furnishing costs.

The initial launch of this service will take place at "Sathorn Square", one of the prime grade office buildings under Golden Ventures Leasehold Real Estate Investment Trust (GVREIT) management, conveniently located close to Chong Nonsi BTS station, further enhancing transportation connectivity.

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The relaxed mood enables tenants to optimize space utilization while offering flexibility.
This space facilitates connection among the working team and is well-suited to modern working lifestyles.

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The layout for the professional mood has been meticulously designed to optimize space usage efficiency,
providing great value with the design that enhances credibility.

What sets the PromptMove solution apart from others is its appeal as a new option for entrepreneurs looking for a more private space with enhanced security, and without the burden of long-term rental commitments or extensive furnishing costs. Unlike co-working spaces, PromptMove offers a flexible subscription model that allows companies to acquire a space that matches their preferences which combines the strength to serve the unique needs of the new market segment.

"Frasers Property Commercial prioritises the tenant and user experience, along with sustainable development, which encompasses people, the environment, and technology. The launch of PromptMove as our latest Real Estate as a Service solution demonstrates our focus on strengthening our value proposition to stakeholders by identifying and developing approaches that are effective and relevant to the evolving demands of businesses," added Mr. Withawat, commenting on the company's approach to commercial real estate management.

The company prioritises basic utility systems to better promote the digital operations of tenants, ensuring maximum efficiency and productivity. In addition, Sathorn Square recently attained Platinum certification from WiredScore, a global benchmark in digital capabilities and smart building initiatives for buildings, recognising best-in-class capabilities to facilitate and cater to the needs of modern-day office tenants. Sathorn Square's achievement adds to FPCT's four other real estate properties that are WiredScore certified, such as Park Ventures Ecoplex Building (Platinum), FYI Center, and Samyan Mitrtown (Gold).

As a pioneering force in the commercial real estate business, FPCT will continue to develop products, solutions, and services that meet the needs of tenants, enhancing their productivity and providing an unparalleled experience, to elevate Frasers Property Thailand's as Real Estate as a Service brand. These efforts reinforce the company's mission to provide inspiring experiences, creating places for good.

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