FPT Develops Lyreco’s Largest Flagship Built-to-Suit Warehouse in Thailand

BANGKOK, 25 NOVEMBER 2019

Frasers Property BFTZ Company Limited, a subsidiary of Frasers Property (Thailand) Public Company Limited or “FPT” commences development of a new Built-to-Suit warehouse for Lyreco (Thailand) Company Limited, a global distributor of workplace solutions for businesses operating in 27 countries. The development, which is to support Lyreco’s business expansion in e-commerce will be the biggest distribution centre for Lyreco in Thailand with net leasable area of more than 21,000 sq m. Located in a prime logistics node of FPT’s Bangplee Cluster on Bangna-Trad Road km.19, the distribution center enables Lyreco to develop cost-effective supply chain for their operations. Flexible building design with expandable space features specifically built for Lyreco ensures that the facility caters for their operational requirements over the next 5-10 years. The building has a load bearing capacity of 3.5 tonnes and a storage capacity to cater for more than 6,800 product SKUs. The award is a testimonial of Lyreco's trust in FPT and FPT remain committed to deliver quality development and customer centric solutions to the customer. The construction is expected to be handover in Q2 2020.