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Frasers Property Thailand secures major built-to-suit agreement with Watsons Thailand for strategic distribution centre in Bangplee

  • 2 min read
  • Frasers Property (Thailand) Public Company Limited

At a glance

Company
Frasers Property (Thailand) Public Company Limited
Announcement
Partnership
Location
Bangplee, Samut Prakan province, Thailand

Key figures

Planned logistics space
more than 25,000 sqm
Watsons retail network supported
over 750 retail stores
Previously developed Watsons distribution centres
three
Area of previously developed centres
over 30,000 sqm
Vertical storage height
15 metres
Floor load capacity
5 tons per square metre

People

  • Peerapat SrisukontManaging Director of the industrial business of FPT
  • Alongkorn SukrasornSupply Chain Director of Central Watson Company Limited

Products and programs

  • Built-to-suit distribution centre at Frasers Property Logistics Center Bangplee 4

March 4, 2025 -- Frasers Property (Thailand) Public Company Limited, or “FPT” announced that its industrial business has secured a significant built-to-suit agreement with Watsons Thailand, the No.1 Personal Care and Beauty retailer in Asia, for the development of a state-of-the-art distribution centre.

The purpose-built facility, strategically positioned within Frasers Property Logistics Center Bangplee 4 in Samut Prakan province, will encompass more than 25,000 sqm of advanced logistics space. The facility will serve as Watsons’ primary distribution hub, supporting its extensive network of over 750 retail stores across Thailand. This location was specifically chosen for its strategic advantages as a key logistics hub, offering optimal connectivity for nationwide distribution. The new facility is scheduled for completion in early 2026, with operations set to commence in April of the same year.

Mr. Peerapat Srisukont, Managing Director of the industrial business of FPT, said, "This builds upon our strong existing collaboration with Watsons, following Frasers Property Thailand's successful development of three distribution centres for Watsons on Bang Na-Trad road, Samut Prakan province; Mueang district, Khon Kaen province; and Wang Noi district, Phra Nakhon Si Ayutthaya province, totalling over 30,000 sqm. This demonstrates Frasers Property Thailand's extensive experience and expertise in logistics developments, with the capability to design adaptable spaces tailored to various business needs, setting new standards and enhancing supply chain management for Thailand’s health and beauty market."

Strategically located in Bangplee, near Bangna-Trad Road, the facility offers exceptional connectivity to the central business district (CBD) and key regional areas, ensuring efficient delivery to Watsons retail network. The state-of-the-art distribution centre features advanced technical specifications, including a 15-metre-high vertical storage system with a robust floor load capacity of 5 tons per square metre. The facility incorporates versatile storage solutions, including racking systems, mezzanine floor, and specialized temperature-controlled rooms designed for pharmaceuticals and medical supplies. The infrastructure is also designed to accommodate future automation systems, positioning Watsons for enhanced operational efficiency.

Frasers Property Thailand has incorporated sustainability solutions into the building design to reduce the facility’s carbon footprint, aligning with Watsons' commitment to sustainable business practices. This includes using recycled and sustainable materials for eco-friendly construction, installing solar rooftop panels for renewable energy generation, implementing smart meters for efficient energy monitoring and adjustment. The facility will also feature LED lighting, water-efficient sanitary fixtures, and a comprehensive sustainable waste management system.

Mr. Alongkorn Sukrasorn, Supply Chain Director of Central Watson Company Limited, said, “The new distribution center has been developed to accommodate the rapid growth of the health and beauty market, serving as a key hub for product storage and distribution. The facility is designed with modern infrastructure and built in accordance with sustainable development principles, strategically located in one of Thailand’s prime transportation hubs.”

“We are confident that our collaboration with Frasers Property Thailand will elevate our business operations and strengthen Watsons’ logistics capabilities, ensuring greater efficiency and resilience in our supply chain.” Mr. Alongkorn concluded.

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In brief

Frasers Property (Thailand) Public Company Limited says its industrial business has signed a built-to-suit agreement with Watsons Thailand to develop a distribution centre at Frasers Property Logistics Center Bangplee 4 in Samut Prakan. The facility will provide more than 25,000 square metres of logistics space and serve as Watsons’ main distribution hub for its network of over 750 stores in Thailand. Completion is planned for early 2026, with operations expected to begin in April that year. Planned features include high-capacity storage, temperature-controlled rooms for pharmaceuticals and medical supplies, and infrastructure designed to support future automation. The company says the building will also incorporate solar panels, energy monitoring, efficient lighting and water fixtures, and sustainable waste management measures.

Key takeaways

  • FPT and Watsons Thailand agreed to develop a purpose-built distribution centre in Bangplee, Samut Prakan.
  • The facility will have more than 25,000 sqm of logistics space and serve over 750 Watsons stores.
  • Completion is scheduled for early 2026, with operations planned to start in April.
  • Planned features include temperature-controlled rooms, automation-ready infrastructure, solar panels and energy-efficiency measures.

Earlier from Frasers Property (Thailand) Public Company Limited

  1. Frasers Property Thailand Holds 2025 Annual General Meeting, Announces Dividend of 0.31 Baht per Share
  2. Frasers Property Thailand first property company in Thailand with SBTi-validated near-term greenhouse gas reduction targets
  3. Frasers Property Thailand partners Mitsui Fudosan to invest in burgeoning industrial opportunities, plans new phase in 2025
  4. Frasers Property Thailand wins Asia's Most Influential Companies Award at ACES Awards 2024
  5. Frasers Property Thailand receives "Excellent" Corporate Governance Report rating for fifth consecutive year
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