Frasers Property Industrial (Thailand) wins the 2022 Industrial Development of the Year – Thailand Award from the Real Estate Asia Award for Central Retail’s Omnichannel Distribution Center

Frasers Property Industrial (Thailand) Company Limited (“FPIT”), Thailand’s leading industrial property developer and a business unit of Frasers Property (Thailand) Public Company Limited (“FPT”), announced its latest achievement of winning the Industrial Development of the Year – Thailand Award at the Real Estate Asia Awards 2022. This is an international award granted to market leaders in the real estate industry that demonstrate outstanding innovation. FPIT was recognized for its development of Central Retail’s Omnichannel Distribution Center, which is a large scale Built-to-Suit (BTS) facility boasting an area of up to 76,314 square meters and is the first Omnichannel facility for the tenant in Thailand.

This award reflects Frasers Property Industrial (Thailand)’s expertise and distinctive competencies in innovative building design, which resonates with its customer-centric ethos fulfilling the needs of customers. The futuristic Omnichannel Distribution Center project developed for Central Retail, located in Frasers Property Logistics Center Bangplee cluster, is considered a significant piece of work that exports Thailand’s industrial real estate standards to the global arena.

Central Retail aims at leveraging the Omnichannel Distribution Center as a hub for logistics operations and distribution of diverse product categories and optimizing its performance to support the consistent growth of online shopping trends. In addition, the project actualizes Central Retail’s sustainability actions with a concept of distribution center design that considers wellness lifestyle for the on-site employees and friendliness to the environmental surroundings. On top of being built to LEED certified ‘Green Building’ standards, the project is outstanding with respect to both design and complete facilities such as modern office space, running track and multipurpose court, to enhance the quality of life for the customer’s employees.

Mr. Sopon Racharaksa, CEO of Frasers Property Industrial (Thailand) Company Limited, said: “We are delighted to receive the Industrial Development of the Year – Thailand Award from the Real Estate Asia Awards 2022 and are proud that the logistics distribution space developed for Central Retail has been recognized as Thailand’s first and largest world-class Omnichannel Distribution Center. We will continuously look to elevate and inspire innovative experiences in the industrial and logistics segment, led by the expertise of our professional teams. We are proud of our experience in developing premium quality warehouse spaces that marry international standards in innovation and technology with sustainability features for future proof space in every of our projects.”

Source: Frasers Property (Thailand)