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Frasers Property Thailand secures "A" credit rating from TRIS for the 4th consecutive year, affirms leading position in real estate industry

October 22, 2024, 10:30 PM ET

Frasers Property Thailand secures "A" credit rating from TRIS for the 4th consecutive year, affirms leading position in real estate industry
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BANGKOK, October 23, 2024 -- Frasers Property (Thailand) Public Company Limited (“FPT”) reinforces its leading position in the real estate industry with a credit rating of "A" and a "Stable" outlook from TRIS Rating for the fourth consecutive year. This reflects the company's outstanding operational performance and strong financial standing. FPT's diversified real estate business, an integrated platform covering residential, industrial, and commercial properties, enhances the company's resilience in revenue and profit generation, while enhancing financial stability.

FPT’s strong growth is underpinned by its transformation into a Real Estate as a Service (REaaS) brand, leveraging service innovation to improve the experience and elevate the quality of life for its customers. The company focuses on three core pillars: Space – developing comprehensive spaces and services to create positive user experiences across all segments, Community – creating high-quality spaces aligned with diverse lifestyles, and Sustainability – offering sustainable solutions to promote responsible business practices that benefit society and the environment.

FPT remains committed to driving sustainable business growth with a flexible and prudent strategy, enhancing its readiness for potential investments both domestically and internationally. The company also continues to manage its strong financial position to effectively navigate various challenges.

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