FPCAMT appoints new Managing Director, effective on 1 November 2021

BackNov 01, 2021


Further to the people movement across Frasers Property Thailand’s business recently, Frasers Property Commercial Asset Management (Thailand) Company Limited, the REIT manager of Golden Ventures Leasehold Real Estate Investment Trust (“GVREIT”), today announced the appointment of Chantraporn Chan as its new Managing Director effective from 1 November 2021. Chantraporn succeeds Thanarat Boonyakosol, the former MD for FPCAMT, who was appointed to the new role as Managing Director for Frasers Property Industrial REIT Management (Thailand) Company Limited (“FIRM”). These movements reflect the synergy across the integrated real estate platform.

Ms. Chantraporn Chan, Managing Director of Frasers Property Commercial Asset Management (Thailand) Company Limited said: “With the support of the board of directors, management and our professional team at FPCAMT, we will continue to deliver our world-class services to all stakeholders and remain prudent in our portfolio management under good governance to generate sustainable returns to our trust unitholders.”

Chantraporn has experience of over 15 years in finance, investments, and property development. She joined FPCAMT in 2015 and took part in establishing GVREIT. Prior to joining in the new role, Chantraporn demonstrated her expertise in REIT management, enabling the company to grow with stability amid changes.

At present, FPCAMT is the REIT manager of Golden Venture REIT (“GVREIT”), which has the leasehold rights of two Grade A office buildings in Bangkok’s CBD. The portfolio comprises Park Ventures Ecoplex and Sathorn Square, representing 167,872 sq.m. with total assets worth over 12,200 million Baht. GVREIT has an occupancy rate of over 95%. Moreover, TRIS Rating recently assigned the issuer rating for GVREIT at “A- (Stable)”.