investment properties increased by 45%, compared to the same period of last year. Because, on 6 November 2015, the Company sold assets to WHA Business Complex Freehold and Leasehold Real Estate Investment
the same period of previous year. The main reason was due to the asset monetization to WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (WHART) and HREIT in the late 2017 and the
monetization to WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (WHART) and HREIT in the late 2017 and the beginning of 2018 respectively, thereby reducing the leasable area. Gross
accordance with the resolution of the Board of Directors’ Meeting No. 3/2018, held on 26 February 2018, approving an investment in real estate project relating to hotels and resorts which is considered as an
Hemaraj Leasehold Real Estate Investment Trust (HREIT) and increase in normalized share of profit from investments in power associates. Such impact from FX losses was only accounting implication and did not
Thani Maldives hotel project with Dusit Thani Freehold and Leasehold Real Estate Investment Trust (DREIT). On 25 September 2019, the Company transferred all businesses, including the leasehold rights over
in relation to the Dusit Thani Maldives hotel project with Dusit Thani Freehold and Leasehold Real Estate Investment Trust (DREIT). On 25 September 2019, the Company transferred all businesses
%, compared to the same period of last year. As the Company recorded deferred revenue from selling assets to WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (“WHABT”) on 6 November 2015
. Data from the Bank of Thailand indicate that the land price index in Thailand grows continuously, with an average growth rate of 6.15 percent during 2008 - 2018. Moreover, the Agency for Real Estate