Bangkok Post
From proven performance to growth phase
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SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, turns proven warehouse performance into a platform for recurring growth.
Key facts
- SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, turns proven warehouse performance into a platform for recurring growth.
- Rachod Nantakwang, chief executive officer of SCX, said the company sees logistics and warehouse development as one of the strongest opportunities within its recurring-income portfolio, supported by structural demand from e-commerce,
- While the overall portfolio occupancy is around 95%, SCX says pre-leases from built-to-suit projects still under development mean its contracted occupancy has effectively exceeded 100%.
- SCX Logistics, the company's warehouse business, has expanded from its first 16,000-square-metre project in Nakhon Sawan in 2022 to about 200,000 sq m across its current portfolio.
- The company now targets 1 million sq m by 2029, reflecting its confidence in the long-term growth of the logistics sector.
- Mr Rachod said SCX is targeting an additional 200,000 sq m during 2026–27, with a particular focus on Bang Na and the Eastern Economic Corridor, while also expanding into Laem Chabang, Amata and other strategic industrial locations.
Summary
Rachod Nantakwang, chief executive officer of SCX, said the company sees logistics and warehouse development as one of the strongest opportunities within its recurring-income portfolio, supported by structural demand from e-commerce, manufacturing, data centres and other industries requiring strategic locations.
"We are not looking at warehouse development simply in terms of how many square metres we can build. We look at whether the location can genuinely support the growth of our customers and the supply chain."