Frasers Property (Thailand) Public Company Limited or “FPT” through its subsidiary Frasers Property Industrial (Thailand) Company Limited, a leading world class industrial properties provider, has signed a 15-year lease agreement with Central Retail Corporation, Thailand’s Retail Leader, to develop over 75,000 sqm for an Omnichannel Distribution Center which is strategically located in Frasers Property Logistics Center (Bangplee). The new development is set to be Thailand’s first “World-Class Logistics Campus” fully equipped with state-of-the-art facilities to serve the needs of their logistics operations in the digital era. This facility will also be strategically located next to the existing more than 30,000-sq m Power Buy distribution center which was also delivered by FPT in 2018. This facility is poised to be the largest logistics campus for Central Retail group in Thailand, aimed at enhancing the efficiency of their logistics and distributions operations.
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