26.1%. • Normalized Rental Revenue increased by 26.9% to THB 285.9 mm, mainly due to increase in lettable area for both logistics and industrial properties. • Revenue from industrial land sale was THB
period of previous year, and increased by 6.0% to THB 303.1 mm, compared to the first quarter of 2020, which was mainly due to increase in lettable area for both logistics and industrial properties
quarter of 2017, amounting to THB 4,185 mm, which carried higher interest rate. PERFORMANCE BY BUSINESS Rental Properties Business Q3 2016 Q3 2017 Increase/(Decrease) THB mm THB mm THB mm % Revenue 464.3
Grand opening of Phuket and Don Mueang branches The company officially opened the Phuket branch office on January 20, 2020. This branch office is responsible for managing the real estates and customers in
estates and customers in Phuket along with the nearby provinces, such as Krabi and Phang-nga. The company officially opened the Don Mueang branch office on 27 January 2020, for the convenience of the
lower coupon rate, and partial utilization of short-term instruments from financial institutions. PERFORMANCE BY BUSINESS Rental Properties Business 2017 2018 Increase/(Decrease) THB mm THB mm THB mm
at 3.50%, which will be used for capital expenditure and working capital. PERFORMANCE BY BUSINESS Rental Properties Business Q2 2016 Q2 2017 Increase/(Decrease) THB mm THB mm THB mm % Revenue 416.7
unit of a collective investment scheme which has characteristics similar to a mutual fund but excluding the collective investment scheme with the objective of directly investing in properties relating to
projects which include industrial estates and commercial buildings. • Residential projects for sale and lease of commercial space include condominiums. • Rent and sale of commercial real estate ( land
projects which include industrial estates and commercial buildings. • Residential projects for sale and lease of commercial space include condominiums. • Rent and sale of commercial real estate (land