Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust ("PROSPECT REIT")
was established on August 14th 2020. On August 18th 2020, PROSPECT REIT was invested in the sub-leasehold rights of parts of land and buildings in the Bangkok Free Trade Zone (“BFTZ”), and listed on the Securities Exchange of Thailand (“SET”) on August 20th, 2020.
On March 21th 2022, PROSPECT REIT approved the investment in the additional assets No.1 by accepting transfer of the ownership over the land, factory and office building (built-to-suit) located within Bang Chalong Subdistrict, Bang Phli District, Samut Prakan Province “Additional Investment Assets No. 1”. and approve the appointment of Prospect Development Co., Ltd. who has expertise in factory and warehouse management in BFTZ as the Property Manager of the Additional Investment Assets No. 1.
Summary Information
REIT Name: Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust
Symbol: PROSPECT
PROSPECT REIT Initial Investment Asset:
Bangkok Free Trade Zone (“BFTZ”)
Sub-leasehold rights of parts of land and buildings in the Bangkok Free Trade Zone (“BFTZ”) which has 63 buildings (185 units)
Warehouse
Buildings (102 units)
Stand-alone factory
Buildings (30 units)
Mini factory
Buildings (51 units)
Build-to-suit
Buildings (2 units)
PROSPECT REIT Additional Investment Assets:
X44 Bangna KM.18
The ownership over the land, factory and office building (Built-to-suit 1 building)
Built-to-suit
Buildings
Investment Area
Bangkok Free Trade Zone (“BFTZ”)
Land area
sq.m. 214-1-88.8 RAIS
Leasable Area
sq.m.
Investment Period
From the registration date of the leasehold rights until December 22nd, 2039 (Approximately 19 years)
X44 Bangna KM.18
Land area
rais
Leasable Area
sq.m.
Asset Appraisal Value
Siam City Appraisal Co.,Ltd.
Million baht (Income Approach) (Asset appraisal value as of 31 January 2022)
Offered Trust Units
Units
Loan
Million Baht
Asset Acquisition Value
Million Baht