Introducing Frasers Property Thailand

Frasers Property (Thailand) Public Company Limited (FPT), formerly known as TICON, is a leading provider of a smart integrated property platform and is listed on the Stock Exchange of Thailand.

Frasers Property Thailand is the largest developer and manager of industrial properties in Thailand. We believe in growing our portfolio, not just in Thailand, but also in other ASEAN countries. Internationally, we have expanded into Indonesia with our maiden investment in a joint venture company to develop logistics parks of international quality standard.

More than
3
Decades

Our professional team has been serving the industry for more than 3 decades. We strive to ensure that we deliver beyond the brick-and-mortar development to services and technologies that enhance the experiences of our customers.

The new businesses of Frasers Property Thailand, including data centre, smart solutions and township development, further strengthen our commitment to deliver customer-centric solutions. We are also a sponsor and manager of the largest industrial REIT in Thailand, Frasers Property Thailand Industrial Freehold & Leasehold (FTREIT) which is listed on the Stock Exchange of Thailand.

Frasers Property Thailand is a member of Frasers Property Group, a multi-national company that owns, develops and manages a diverse, integrated portfolio of properties. Driven by a unifying idea that experience matters, we aim to deliver quality property products and services that meet the ever-evolving needs of businesses and communities.

Our businesses

We are committed to developing high quality industrial property assets, as well as managing our 2.7 million square metres (sq m.) of factories and warehouses in strategic locations nationwide. By expanding into adjacent businesses, we continue to deliver growth to our shareholders and strengthen our capability to create value for our stakeholders.

Our businesses comprise Industrial Property, Data Centre, Smart Solutions, Township and REIT.

  • 2017
  • 2015
  • 2013
  • 2009
  • 2006
  • 2005
  • 2002
Frasers Property Thailand (formerly known as TICON) increased its registered capital to 1.83 billion Baht and changed its shareholding structure. Frasers Property Limited is Frasers Property Thailand’s majority shareholder, through its wholly-owned subsidiary Frasers Property Holdings (Thailand) Co. Ltd.  Frasers Property is a multi-national company that owns, develops and manages a diverse, integrated portfolio of properties. Frasers Property's assets range from residential, retail, commercial and business parks, to logistics and industrial in Singapore, Australia, Europe, China and Southeast Asia. Its well-established hospitality business owns and/or operates serviced apartments and hotels in over 80 cities across Asia, Australia, Europe, the Middle East and Africa. Frasers Property is also the sponsor of three real estate investment trusts and one stapled trust listed on the Singapore Exchange.

Frasers Property industrial REIT Management (Thailand) Company Limited (formerly known as TMAN) leading conversion of three TICON property funds (TFUND, TLOGIS and TGROWTH) into a real estate investment trust (REIT), a transaction that made FTREIT (formerly known as TREIT) to become the biggest in industrial and logistics REIT in Thailand.
Frasers Property Thailand (formerly known as TICON) joined with Indonesian property developer SSIA and Japan’s Mitsui to set up a joint venture company in Indonesia named PT SLP Surya Frasers Property Internusa (formerly known as PT SLP Surya TICON Internusa) (SLP) with a registered capital of USD 46.4 million. This collaboration is Frasers Property Thailand’s first expansion into the region.
TICON launched TICON Industrial Growth Leasehold Property Fund or "TGROWTH". The intention of TFUND, TLOGIS and TGROWTH is not merely to acquire assets from TICON and TPARK, but to be generic factory and warehouse investment funds. The funds, through TICON as property managers, therefore seek to acquire other prime industrial and warehousing property investments.
In 2009 TPARK Logistics Property Fund (TLOGIS) was established and listed on the SET as a listed property fund for TPARK warehouses, in the similar manner as TFUND was established for factories.
In 2006 TICON set up a 100% owned subsidiary, TPARK or TICON Logistics Park Company Limited to develop logistics parks and high quality ready built warehouses for lease.
Followed by the establishment of TICON Property Fund (TFUND) in 2005, also listed on SET, for further capital raising.
As the business became more capital intensive, in 2002 Frasers Property Thailand (formerly known as TICON) was listed in the Stock Exchange of Thailand (SET).