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FPT upbeat on industrial property arm
May 15, 2025
|Bangkok Post
Anticipates revenue to hit B4bn this year
SET-listed developer Frasers Property (Thailand) (FPT) expects its industrial property business to reach a new peak in 2025, with revenue hitting 4 billion baht and the overall occupancy rate climbing to 91%, driven by strong demand.
Peerapat Srisukont, managing director of FPT's industrial business, said demand for industrial property, which has grown annually since 2022, is being propelled by US trade policies.
"US President Donald Trump's announcement of a tariff hike early last month presented a new challenge. The impact on the industrial property sector has been even greater than the earthquake in March," he said.
Following the announcement, Mr Peerapat said no one could predict how the situation would unfold.
هذه القصة من طبعة May 15, 2025 من Bangkok Post.
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