FTREIT Becoming a Constituent of the FTSE Global Equity Index

Real Estate Press Releases Monday March 2, 2020 13:13
Bangkok--2 Mar--Property Industrial REIT Management (Thailand)

Frasers Property Industrial REIT Management (Thailand) Company Limited or “FIRM”, the manager of Frasers Property Thailand Industrial Freehold & Leasehold REIT or “FTREIT” announced that FTREIT is included in the FTSE Global Equity Index Series (FTSE GEIS) in its latest March 2020 semi-annual review, effective on 23 March 2020. FTSE GEIS is a stock market index that covers over 17,000 securities across 49 countries. It is calculated and published by FTSE Russell, a global provider of stock market indices.

Mr. Peerapat Srisukont, Managing Director of FIRM, said, “We are delighted to see FTREIT listed in the FTSE GEIS. This marks a significant milestone in FTREIT’s growth journey. Being part of a leading benchmark index worldwide would enable FTREIT to reach out to the larger pool of institutional investors and attract foreign investment to FTREIT. We would like to thank our unitholders and investors as well as all stakeholders for continuous support and trust in FTREIT.”

Currently, FTREIT’s assets under management consists of 578 units of factories and warehouses, representing an area of 1.76 million sq.m., all located in strategic areas for industrial and logistics sectors of Thailand in Ayuthaya, Pathumthani, Samut Prakan, and provinces in the Eastern Economic Corridor. FTREIT’s status as the largest industrial and logistics REIT in Thailand with total assets value of 39,182.79 million Baht.


Latest Press Release

MQDC's Whizdom Station Ratchada-Thapra Gains TREES “Gold” Green Building Rating

Whizdom Station Ratchada-Thapra condominium in Thonburi has received a prestigious “Gold” TREES rating for sustainability from the Thai Green Building Institute (TGBI). This exclusive designation in the TREES “New Construction”...

Utopia Corporation officially launches Utopia Yamu

Utopia Corporation has been steadily developing real estate projects for investment returns through their hotel management since 2015, but saw a need in the market for affordable local housing with international standards of construction and management....

UL's GREENGUARD Certification earns recognition in the Singapore Green Labeling Scheme

Products with GREENGUARD Gold Certification now automatically meet emissions limits outlined in the Singapore Green Labeling Scheme UL today announced that the Singapore Environmental Council (SEC), will now accept manufacturers' GREENGUARD Gold...

Schindler launches CleanMobility solutions

Schindler announces the launch of CleanMobility, a new range of touchless, sanitization, and physical distancing innovations that boost hygiene and safety in elevators, on escalators and on moving walks. The solutions include smartphone apps for...

XCMG Foundation Machinery Completes Challenging Public Transportation Work, Aiding Regional Economical and Industrial Development

Seven XCMG (SHE: 000425) XR550D rotary drilling rigs have successfully completed their service on the Niutianyang Bridge project as the last drilling pile of the north main pier was poured on May 23. The mega public transportation project in Shantou,...

Related Topics