Frasers Property Thailand to develop Bangkok CBD commercial property
published : 27 Apr 2021 at 13:06
Frasers Property (Thailand) Public Company Limited, or FPT, the first fully integrated real estate platform in Thailand, continues its growth momentum with a newly acquired building in Silom, Bangkok’s CBD, to strengthen its commercial’s portfolio.
This expansion is in line with the company’s growth strategy and its investment plan to secure sustainable revenue streams from recurring income business.
Pursuing a vision for sustainable growth, FPT is investing THB 1,800 million to acquire and develop the commercial property located at the junction of Silom and Rama IV roads, adjacent to Saladang BTS station and Silom MRT station. The new leading mixed-use building will consist of office and retail space serving premium office location demands in the market. This new mixed-used project offers 22 stories and two floors of basement parking, totallin