), the details are as follows; a. Revenue management fee which will not exceed 3% of net rental income. b. Market research and survey fee which will be THB 2 million per year. c. Renovation consulting fee
renovation since 4Q16 and is expected to be finished in 2Q18. The occupancy rate at the end of 2Q17 was 91%. 2) CentralFestival Phuket continues its renovation and strengthens the shopping mall’s positioning
investment of THB 281 mn. Asset Enhancement Projects 1) CentralWorld started a phase-by-phase major renovation since 4Q16 and is expected to be progressively completed by 3Q18. Occupancy rate at the end of
or 8.4% as a result of higher sales of suites following the completion of the Authors’ and Garden Wings renovation in April 2016, Food & Beverage revenue increased by Baht 9.5 million or 1.1% and Other
% of net rental income. b. Market research and survey fee which will be THB 2 million per year. c. Renovation consulting fee which will not exceed 2% of a project cost. d. Commission from providing new
addition to 6% increase in cost of rental deriving from the renovation of office building. Meanwhile, administration expenses decreased 20% from 74.6 million baht to 59.4 million baht due to 15.2 million
than such specified age. Furthermore, the findings showed that Nakul had not properly conducted cadastral survey of land and inspected the building structures and renovation records prior to Montri Fund
growth resiliency of CPN’s operating results despite the ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT”) in
CentralPlaza Rama 3, which is owned by CPNREIT and has undergone a 6-month renovation program completed and re-opened in December 2017 under the concept of “Where Nature Meets Urban Living”, a blend of urban
, shoppers can enjoy 4D Trick Eye Museum, the first Augmented Reality Art Museum in the world, at B1 AQUARIA Phuket. Asset Enhancement Initiatives CPN continues the renovation of existing malls to enhance