"REIT"

The Securities and Exchange Commission (SEC) has permitted WHA Premium Growth Real Estate Investment Trust (WHART) to raise capital for a sixth time for its Bt3.23-billion built-to-suit project.

A new category of real estate investment trusts (REIT) will be set up as a measure to help property businesses affected by the Covid-19 crisis.

Kasikorn Asset Management is encouraging investment in property funds, Real Estate Investment Trusts (REITs) and infrastructure funds as it believes they will generate returns in the long term.

An expert at Trinity Securities has advised investors to convert some of their stockholding into cash savings to prepare for the third quarter this year.

AIMCG, a REIT management company, on Friday debuted on the Stock Exchange of Thailand.

Frasers Property Thailand Industrial Freehold & Leasehold REIT (FTREIT) has announced second-quarter recorded net investment income of Bt463 million from total income of Bt718 million, a Bt78-million increase, or up 12 per cent from the corresponding quarter of fiscal year 2019.

Impact Growth REIT on Monday reported total income of Bt696 million for the third quarter of fiscal 2018-2019 ending December 31, up 16 per cent from the same period last fiscal year.

An independent appraisal of the total book value of Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust or SHREIT’s hotel properties in Southeast Asia as at the end of 2018 has stated a figure of US$143.2 million, up 9.6 per cent from the investment value at SHREIT’s inception and 3.6 per cent higher than the investment value as at the end of 2017.

Ticon Management Company (TMAN), the Real Estate Investment Trust (REIT) manager of TREIT, has plans to rebrand TICON Freehold & Leasehold Real Estate Investment Trust (TREIT) as Frasers Property Thailand Industrial Freehold & Leasehold REIT.

Siam Commercial Bank or SCB announced on Monday that to complete the Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust’s (SHREIT) first capital increase and to finance the acquisition of a leasehold interest in Sofitel Bali Nusa Dua Beach Resort in Indonesia and a freehold interest in Hilton Garden Inn Kuala Lumpur, Malaysia, up to 410 million.

A sudden and sharp rise in interest rates could shake some Asia-Pacific REITs, according to a scenario analysis conducted by S&P Global Ratings, titled, "When the cycle turns: Asia-Pacific REITs build a rating buffer as interest rates rise."

TICON FREEHOLD and Leasehold Real Estate Investment Trust (TREIT) is set to become Thailand's largest REIT with total assets of Bt36 billion, Peerapat Srisukont, managing director of TICON Management Co Ltd (TMAN) as the REIT manager of TREIT said.