98
Units of warehouses and factories for rent
369,705
Sq.m.
of leasable area
503
Rai of land.
16 Strategic locations of assets along key logistics hubs
SET: TREIT
9.30
Currency : THB
Change  | %Change
- | -%
Volume (Share)
745,400
Updated: 29 May 2017 (16:39)
Payment Date Operation Period
05/09/16 01/04/16-30/06/16
Distribution (THB per Trust Unit)
0.1702
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Properties Type

(by Area)

Warehouse 79%

  • 71 Units of warehouses
  • 293,805 Sq.m. of leasable area
  • 363 Rai of land
  • 10 Strategic logistics parks and industrial parks

Factory 21%

  • 27 Units of factories
  • 75,900 Sq.m. of leasable area
  • 140 Rai of land
  • 6 Strategic industrial estates and industrial parks

Investment Type

(by Area)

Leasehold 44%

  • 162,667 Sq.m. of leasable area
  • 27 Year leasehold right of 10 units of warehouses
  • 29 Year leasehold right of 4 units of warehouses
  • 30 Year leasehold right of 19 units of warehouses
  • 30 Year leasehold right of 4 units of factories

Freehold 56%

  • 207,038 Sq.m. of leasable area
  • 38 Units of warehouses
  • 23 Units of factories

Assets

  • High-quality assets with diversified locations
  • High-quality, stable and diversified lessee base
  • High occupancy rate, consisting of some long-term lease agreements
  • Balance mixture of freehold and leasehold investment to provide attractive annual return and future asset appreciation

Management

  • Experienced REIT Manager’s management team
  • Strong and proven track record of Property Managers

Synergy

  • High-growth from number of asset in pipeline of the sponsors (TICON & TPARK)
  • Conservative capital structure of only 0.25 times Debt to Asset Ratio

Reasons to invest in TREIT

TREIT offers alternative investment with consistent return to maximize unitholders’ wealth through the stable stream of revenue from contractual rental income with the opportunity to benefit from the growing demand in the logistics and premium rental warehouse & factory industries along with the positive impact of AEC integration.

TREIT’s Investment Assets
  • High-quality of assets located in strategic locations
  • Balance mixture of freehold and leasehold investment types
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Unitholders’ Right & Benefit

Distribution policy to payment of:-

  • at least 90% of annual adjusted net profit
  • at least 2 times a year
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TREIT’s Target and Action Plans

Optimizing TREIT’s asset value by acquiring quality industrial properties from both TICON’s group and non-group assets

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General Information

Name TICON Freehold and Leasehold Real Estate Investment Trust (“TREIT”)
Offerings Initial Public Offering (IPO) in 2014 THB 3,425 million
1st Additional Offering in 2015 THB 2,243 million
Total Offering THB 5,668 million
Fund Raising
(including Loan)
Initial Fund Raising in 2014 THB 4,285 million
1st Additional Fund Raising in 2015 THB 3,202 million
Total Fund Raising THB 7,487 million
Investments in Properties Initial Investment in 2014: THB 4,228 million
1st Additional Investment in 2015: THB 3,159 million
Total Investment THB 7,387 million
Total Asset Value of REIT ("TAV") THB 7,756 million
Equity Value THB 5,542 million
Loan Outstanding Value THB 1,819 million (23% of TAV)
Distribution Policy At least 2 times a year
Distribution Payment At least 90% of Annual Adjusted Net Profit
Holding Limit No more than 50% of Total Trust units sold
Secondary Market The Stock Exchange of Thailand

Remark: Information as of Quarter 1/2017

REIT Manager
Property Managers
Trustee