Company Ticon Freehold and Leasehold Real Estate Investment Trust

Equities

FTREIT

TH6172010006

Commercial REITs

End-of-day quote Thailand S.E. 23:00:00 29/04/2024 BST 5-day change 1st Jan Change
9.7 THB -0.51% Intraday chart for Ticon Freehold and Leasehold Real Estate Investment Trust -3.00% -9.35%

Business Summary

Frasers Property Thailand Industrial Freehold & Leasehold REIT is a Thailand-based real estate investment trust (REIT). The Trust’s objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease and/or sub-lease of immovable properties. The Trust’s investment portfolio is comprised of factories and warehouses, which are located in key industrial areas of Thailand, such as Ayutthaya, Pathum Thani, Chonburi, Rayong, Samut Prakan and the Eastern Economic Corridor (EEC). It serves industries, such as automotive, logistics, electronics, retail, and e-commerce industries. Frasers Property Industrial REIT Management (Thailand) Company Limited acts as the REIT Manager, BBL Asset Management Company Limited acts as the Trustee, Frasers Property Industrial (Thailand) Company Limited is hired as the Property Management and Thailand Securities Depository Company Limited acts as the Trust Registrar.

Sales per Business

THB in Million2022Weight2023Weight Delta
Rental and Service
98.6 %
3,594 98.6 % 3,725 98.6 % +3.64%
Other
0.8 %
22 0.6 % 29 0.8 % +29.23%
Rental Guarantees
0.3 %
5 0.1 % 13 0.3 % +168.73%
Forfeiture of Rental and Service Deposits
0.3 %
21 0.6 % 10 0.3 % -52.28%
Interest
0.1 %
3 0.1 % 3 0.1 % -0.55%

Sales per region

THB in Million2022Weight2023Weight Delta
Thailand
100.0 %
3,645 100.0 % 3,779 100.0 % +3.68%

Managers

Managers TitleAgeSince
Chief Executive Officer - 31/10/21
Director of Finance/CFO - 30/09/18
Compliance Officer - 30/06/19
Chief Investment Officer - -
Director/Board Member 54 31/07/16
Comptroller/Controller/Auditor - 30/09/15

Members of the board

Members of the board TitleAgeSince
Director/Board Member 61 19/05/13
Chairman 66 14/01/19
Director/Board Member 60 31/10/21
Director/Board Member 54 31/07/16
Director/Board Member 51 26/01/17
Director/Board Member - 21/11/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 3,283,387,000 1,974,239,707 ( 60.13 %) 0 60.13 %

Shareholders

NameEquities%Valuation
Frasers Property Thailand International Pte. Ltd.
20.00 %
657,931,124 20.00 % 182 M ฿
Social Security Office of Thailand
10.37 %
341,232,401 10.37 % 94 M ฿
Bangkok Life Assurance Public Co., Ltd. (Investment Portfolio)
5.204 %
171,203,960 5.204 % 47 M ฿
158,038,618 4.804 % 44 M ฿
123,618,006 3.758 % 34 M ฿
Kasikorn Asset Management Co., Ltd.
3.210 %
105,607,100 3.210 % 29 M ฿
Principal Asset Management Co. Ltd.
2.805 %
92,275,847 2.805 % 26 M ฿
MFC Asset Management Public Co., Ltd. (Investment Management)
2.012 %
66,185,498 2.012 % 18 M ฿
SCB Asset Management Co., Ltd.
1.851 %
60,909,702 1.851 % 17 M ฿
Principal Property Income Fund
1.769 %
58,209,349 1.769 % 16 M ฿

Company contact information

Frasers Property Thailand Industrial Freehold & Leasehold REIT

175 Sathorn City Tower South Sathorn Road, Tungmahamek

10120, Bangkok

+

http://www.ftreit.co.th/en
address Ticon Freehold and Leasehold Real Estate Investment Trust(FTREIT)

Sales per Business

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
9.65 THB
Average target price
11.5 THB
Spread / Average Target
+19.17%
Consensus

Annual profits - Rate of surprise

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