Post by account_disabled on Feb 25, 2024 0:24:49 GMT -5
CPNREIT moves forward with additional investments in 2 Central Shopping Centers with a total value of no more than 5,672 million baht, supporting the expected rate of payment to unitholders in the first year as high as approximately 7%. CPNREIT moves forward with additional investments in 2 Central Shopping Centers, with a total value of not more than 5,672 million baht, supporting the first year unitholder payout rate estimate to be as high as approximately 7%, holding that operating results in the 3rd quarter of 2020 are higher than the 2nd quarter of 2020, reflecting Business enters recovery period CPNREIT trust moves forward to invest in additional assets in 2 new projects, Central Marina Shopping Center and Central Plaza Lampang Shopping Center, with a total value not exceeding 5,672 million baht, which is in accordance with the resolution of the Extraordinary General Meeting of Trust Unitholders of CPNREIT No.
1/2019. Highlighting the net income from real estate British Student Phone Number List of both shopping center projects in the 3rd quarter of 2020, approximately 100% higher than the 2nd quarter of 2020 after measures were taken to deal with the COVID-19 outbreak and reflected the business entering a period of recovery. In addition, such investment will allow the REIT to continuously grow its assets. and better diversification of income sources from various asset locations Pointing out that it is a good opportunity to invest during a time when the price of trust units has not increased much. and it is expected that the rate of payment to unitholders in the first year will be as high as approximately 7% (based on the estimated comprehensive income statement and accompanying statement detailing the net investment profits of the assets based on assumptions for the projection period from 1 January 2021 Until December 31, 2021, which uses the assumption of the price of CPNREIT trust units issued and offered for sale at 20 baht/unit) Ms. Pirinee Pringsulka, Chief Executive Officer of CPN REIT Management Company Limited, as the REIT manager, revealed that the CPN Retail Growth Leasehold Real Estate Investment Trust or CPN RETAIL GROWTH LEASEHOLD REIT ( CPNREIT) will make additional investments in 2 shopping center projects with a total value not exceeding 5,672 million baht (excluding registration fees.
Value added tax, stamp duty, fees and other related expenses) from the group of companies. Central Pattana Public Company Limited (CPN), which is in accordance with the resolution of the Extraordinary General Meeting of Trust Unitholders of CPNREIT No. 1/2019 on 22 November 2019, considering that the operating results in the 3rd quarter of 2020 have reflected the picture. Including the shopping center business that recovered from the second quarter of 2020, and the assets to be invested have the potential to generate continuous cash flow. Most of them have an average space occupancy rate for the past 4 years (2016 - 2019) at a level higher than 90 percent and there is continuous growth in net income from real estate. (Excluding the period affected by the outbreak of coronavirus disease 2019 (COVID-19)) In addition, these properties also have strong points that can attract customers and compete well with other comparable properties in the area.
1/2019. Highlighting the net income from real estate British Student Phone Number List of both shopping center projects in the 3rd quarter of 2020, approximately 100% higher than the 2nd quarter of 2020 after measures were taken to deal with the COVID-19 outbreak and reflected the business entering a period of recovery. In addition, such investment will allow the REIT to continuously grow its assets. and better diversification of income sources from various asset locations Pointing out that it is a good opportunity to invest during a time when the price of trust units has not increased much. and it is expected that the rate of payment to unitholders in the first year will be as high as approximately 7% (based on the estimated comprehensive income statement and accompanying statement detailing the net investment profits of the assets based on assumptions for the projection period from 1 January 2021 Until December 31, 2021, which uses the assumption of the price of CPNREIT trust units issued and offered for sale at 20 baht/unit) Ms. Pirinee Pringsulka, Chief Executive Officer of CPN REIT Management Company Limited, as the REIT manager, revealed that the CPN Retail Growth Leasehold Real Estate Investment Trust or CPN RETAIL GROWTH LEASEHOLD REIT ( CPNREIT) will make additional investments in 2 shopping center projects with a total value not exceeding 5,672 million baht (excluding registration fees.
Value added tax, stamp duty, fees and other related expenses) from the group of companies. Central Pattana Public Company Limited (CPN), which is in accordance with the resolution of the Extraordinary General Meeting of Trust Unitholders of CPNREIT No. 1/2019 on 22 November 2019, considering that the operating results in the 3rd quarter of 2020 have reflected the picture. Including the shopping center business that recovered from the second quarter of 2020, and the assets to be invested have the potential to generate continuous cash flow. Most of them have an average space occupancy rate for the past 4 years (2016 - 2019) at a level higher than 90 percent and there is continuous growth in net income from real estate. (Excluding the period affected by the outbreak of coronavirus disease 2019 (COVID-19)) In addition, these properties also have strong points that can attract customers and compete well with other comparable properties in the area.