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
, increased by Bt26.9 million or 22.1%(y-o-y). Such the increment were raised from increasing in the personnel expenses, the consulting and legal fee, the real estate taxes and the depreciation and amortization
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
bring the Company an opportunity to enter into real estate development and retail business adding revenue diversification and minimizing concentration risk in hotel business portfolio. 2018 Capital
to 60.9% of Q1/2018. 1.2.2 Administrative Expenses In Q1/2019, administrative expenses were of Bt148.3 million, increased by Bt17.1 million or 13.0%(y-o-y), mainly due to the real estate tax paid
and environmental responsibility as well as sustainable development. As a consequence of global economic situation and economic downturn in the country, the real estate sector has continuously been
investment restrictions while expanding the range of ASEAN CIS to include real estate investment trusts. The ACMF continues to focus on enhancing capacity building through the ACMF Market Development
of 33 years, to use in its business operation. One Sukhumvit 24 has also planned an investment in other types of real estate development business, e.g. hotels, serviced apartments, office buildings for