- CEO
- Amorn Chulaluksananukul
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 62 The Millennia Tower Bangkok BM Thailand 10330
- IPO Date
- Jan 9, 2018
- Business
- AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust focuses on investing primarily in freehold and leasehold rights of land, cold storage buildings, warehouse buildings, factory buildings, office buildings, and immovable assets related to cold storage and warehouses in Thailand. Its core products and services include ownership and management of industrial real estate assets such as cold storage facilities, warehouses, liquid chemical storage tanks, and factory spaces. AIMIRT's real estate portfolio includes properties located in key industrial areas such as Samut Sakhon, Chachoengsao, Bang Phi in Samut Prakan, and Rayong, with leasable areas totaling tens of thousands of square meters.
The company operates mainly in the industrial growth sector, targeting customers in manufacturing, logistics, cold chain storage, and chemical storage industries, with a geographic focus in Thailand. Founded in 2017 and headquartered in Bangkok, AIMIRT manages a diversified portfolio aimed at industrial growth, incorporating both freehold ownership and leasehold rights to support its expansion strategy. It holds investments in significant projects such as the Pacific Cold Storage project, Chewathai Amata City Project, JWD Navanakorn Project, and more recent acquisitions including manufacturing facilities at WHA Eastern Seaboard and assets from Pinthong Industrial Park Property Fund.
Recent major corporate developments include the strategic acquisition of assets and liabilities from Pinthong Industrial Park Property Fund, increasing AIMIRT's portfolio size and diversifying its leased properties. It also expanded its asset base through the purchase of a manufacturing facility at WHA Rayong Industrial Estate. AIMIRT completed several additional asset investments between 2022 and 2024, including the Living and Facilities Project and Precious Wood Industry Project, enhancing income stability and portfolio diversification. The company has successfully secured unanimous approval from unitholders for these expansions and continues to grow its freehold and leasehold investments in strategic industrial zones across Thailand, supporting its business expansion and operational growth objectives.
Overall, AIM Industrial Growth Freehold and Leasehold Real Estate Investment Trust stands as a key industrial real estate investor in Thailand, offering a broad range of industrial property types with a focus on cold storage and warehouse facilities, combined with ongoing portfolio growth through acquisitions and strategic asset investments in recent years. This positions AIMIRT as a significant player in Thailand’s industrial growth real estate market.