Frasers Industrial Thailand REIT. 2019 Corporate Business Overview
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Frasers Property Thailand Industrial Freehold & Leasehold REIT (FTREIT)
Who we are.
Laemchabang, Chonburi, Thailand This picture reference from Frasers Property Thailand warehouse.
1
Frasers Property Thailand Industrial Freehold & Leasehold REIT (FTREIT) is the largest industrial and logistics REIT in Thailand.
2
We invest in high standard factory and modern logitics facilities and manage assets to maximize benefit to unitholders.
3
We have assets located in prime industrial and logistics areas in Thailand.
4
We have strong support from sponsor, Frasers Property Limited, a multi-national real estate developer.
5
We provide a total solution for our tenants and investors.
REIT structure.
Unitholders
Trustee
REIT Manager Frasers Property Industrial REIT Management (Thailand) Company Limited (FIRM)
BBL Asset Management
Distributions REIT Management fee Performance fee Incentive fee Commission fee
Holdings of Units
Management services
Trustee fee
Acts on behalf of unitholders
Loan/ Bond
Lender/ Bondholders
Frasers Property Thailand Industrial Freehold & Leasehold REIT (FTREIT) Principal/ Interest
Rental Income
Properties
Property Manager Performance fee Incentive fee Commission fee
Ownership/ leasehold right
Frasers Property (Thailand) Public Company Limited Frasers Property Industrial (Thailand) Company Limited
Property Management
FTREIT have industrial properties has located in prime industrial and logistics locations
Rental fee
Rent properties
Tenants
Our property locations.
Rojana (Ayutthaya) Hi-Tech Bangpa-In
Wangnoi 1 and 2
Navanakorn
Rojana Prachinburi
Bangplee 1 Bangplee 3
Bangna Bangpoo
Amata City Chonburi Phan Thong Amata City Chonburi Industrial Estate
Eastern Seaboard 2(A) Logistics Centre Sriracha Laem Chabang 1 Laem Chabang 2
Pinthong Industrial Estate (Phase 1-3) Hemaraj Chonburi Industrial Estate Eastern Seaboard 1(A) – 1(B) Amata City Rayong
THB
35
billion
assets under management
over
540
units
industrial and logistic properties
Located in
7 27
provinces
locations
1.6
Factory Warehouse Northern Bangkok
million sq m
factory and warehouse space in strategic locations
Eastern Bangkok EEC
Managed by FIRM.
Vision. When we focus on our customers’ needs, we gain valuable insights which guide our products and services. We are committed to creating memorable and enriching experiences for our customers.
Our legacy is valuable and inspires our future successes. As a member of Frasers Property Group, a multinational business of scale and diversity, we bring the right expertise to create value for our customers.
over
1.5
million sq m
Net Leaseable Area
Key portfolio metric Proportion of Freehold and leasehold
Geographical Diversification
Proportion of Factory and Warehouse 15%
30%
25% 52%
48%
60%
70%
Freehold | Leasehold
EEC | Northern BKK | Eastern BKK
Warehouse | Factory
REIT manager strategy for FTREIT
Strategy
Investment Growth • Selective assets which located in prime and well-diversify locations. • Situated in key industrial area across the globe. • Overseas and domestic investment.
Capital Management
Organic Growth
• Optimal leverage level to maximize unitholders return and keep lowest cost of debt. • Manage schedule of debt repayment matching with asset portfolio performance.
• Optimal leverage level to maximize unitholders return and keep lowest cost of debt. • Manage schedule of debt repayment matching with asset portfolio performance.
Objective Outcome
Leading Industrial REIT of Region High Quality Assets In Prime Location
Constant Growth in TAV
Maintain High OCR
Maintain Lowest Cost of Debt
Maintain Appropriate Leverage %
“Maximize Benefit to All Unitholders” ConstantGrowth in DPU
Increase NAV per Unit
Cover image: Bangna Logistics Park, Thailand
(66) 2679 6565 | ftreit.co.th