Frasers Property Industrial (Thailand) secures lease agreement with e-commerce unicorn Flash Fulfillment for a 15,350 sqm fulfillment center

• Lease agreement for a modern distribution center to support e-commerce with Flash Group’s fulfillment service business, Flash Fulfillment, located at Frasers Property Logistics Center (Bangplee 2).
• Successful deal is testament to Frasers Property Industrial (Thailand)’s strong capabilities and expertise in providing customised solutions for the fast-growing logistics sector.

BANGKOK, 24 JUNE 2021

Frasers Property Industrial (Thailand) Company Limited (“FPIT”), Thailand’s leading industrial property developer and wholly owned subsidiary of Frasers Property (Thailand) Public Company Limited (“FPT”), announced that it has entered into a lease agreement with Flash Fulfillment Company Limited (“Flash”). With the new build facility, Thailand’s first e-commerce unicorn and leading integrated e-commerce service provider Flash is expanding the distribution center of its fulfillment business.

The new development for Flash occupies a land area of approximately 16 rai and comprises a 15,350 sqm building, strategically located at Frasers Property Logistics Center (Bangplee 2). This newly completed ambient warehouse is specially designed to support Flash’s e-commerce fulfillment business with its floor loading of 3.5 tons per sqm, clear height of12 meters and cross-docking facility to maximize usable storage space.

The distribution center is also equipped with other types of loading docks such as a small loading truck with ramp, heavy loading truck, and an overhead sectional dock door to increase efficiency. With this new fulfillment distribution center, Flash is able to operate 24/7, 365 days a year, to rapidly scale and deliver massive parcel volumes each day.

FPIT, a market leader with over three decades of experience in the industrial property business, takes pride in our ability and commitment towards inspiring experience by creating places of good for our customers and the wider community. This new development has achieved the Leadership in Energy and Environmental Design (LEED) certification, a global rating system for building sustainability. It has been designed and built with a focus to enhance the well-being of the tenants and community and minimise environment impact and footprint.