(NLA) of 1.6 mn sqm. 2Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) on 31 May 2017, the Board of Directors has

know each other from business relationship through joint investments in various businesses such as real estate business for a long time, they agree to exercise their voting rights in the same direction

at 90%), which includes 2 office under management of CPN Retail Growth Leasehold REIT (CPNREIT) after transferring the leasehold rights from GLAND Office Leasehold Real Estate Investment Trust (GLANDRT

, reported cost of THB 461 mn, an increase of 28.7% Hotel business Real estate business Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 11 of 15 YoY). The cost reduction

2015 by Baht 444.54 million or a 21.58 percent decrease because the Company and its subsidiaries’ assets were mainly related to the costs of real estate development projects, deposits for land, land held

Indices (DJSI) in the real estate industry under the emerging markets indices for the fourth consecutive year (2014-2017). This is a testimony to CPN’s philosophy on sustainable business operations by

estate development business, as well as hotel and real estate management, the Company group is interested in providing managing services for the Project Crossroads Phase 2 of Boonrawd Group under the

. The details are as follows: Name of the Company: Dolsiri Development Co., Ltd. Objective: To develop, rent out and manage real estate projects Registered Capital: 1,000,000 THB (One Million Baht Only

the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog and inventories

, an increase of 5.2% YoY. 3Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) On 28 August 2017, the Unitholders