Company also has a plan to grant long-term lease of such asset to S Prime Growth Leasehold Real Estate Investment Trust (the “REIT”) However, the lease of Metropolis Office Building will be completed under
the business restructuring, MK Group required funding to make investment in the new business while maintaining the growth of real estate business. These caused both operating costs and financial costs
subsidiary – has submitted the filing of S Prime Growth Leasehold Real Estate Investment Trust (SPRIME) – the first leasehold commercial REIT of S invested in long term lease of office space of Suntowers
expand the income base. As for real estate development business, the ratio of single house project development is increased to enhance business growth. As for real estate service business, the Company aims
. 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
the establishment of S Prime Growth Leasehold Real Estate Investment Trust (SPRIME) – the first leasehold commercial REIT of S invested in a 30-year lease of office space of Suntowers Building with fund
WHA026/2017 13 November 2017 Subject Notification of Resolution of Board of Director to Disposal of Assets to WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust Dear President The
growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome
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