Home » Business » WHA Real Estate Trust (WHART) Achieves Successful 8th Capital Increase and Reinforces Position as Largest Industrial REIT in Thailand

WHA Real Estate Trust (WHART) Achieves Successful 8th Capital Increase and Reinforces Position as Largest Industrial REIT in Thailand

HoonSmart.com>> WHART Trust reinforces success The 8th capital increase passed successfully, with existing shareholders exercising their subscription rights more than expected. Institutional investors – in general, overflowing in subscriptions. Indicating confidence in the potential of the property Raising the expected return of 0.79 baht/unit with a yield level of 8.23%, announcing the move to reinforce its position as the largest industrial REIT in Thailand.

Mr. Anuwat Jarukornsakul, Chief Executive Officer of WHA Real Estate Management Company Limited, in his capacity as the REIT Manager of WA Real Estate and Leasehold Real Estate Investment Trust. CH Premium Growth (WHART Trust) revealed that WHART Trust transferred assets of 3 projects with a total leasable area of ​​142,896 sq m, consisting of 1. WHA Mega Logistics Center Theparak Project. Km. 21 is a warehouse format. Built-to-Suit and General Warehouse 2. WHA Mega Logistics Center Laem Chabang Project 1 is a General Warehouse style warehouse and 3. WHA Mega Logistics Project KS Center Bangna-Trad KM.23 Project 3 is a general warehouse and factory, entering the port on December 25th. As a result, WHART Trust’s total asset value has reached 55,000 million baht, with rental space under management increasing to approximately 1.89 million square meters. and a roof rental area of ​​487,243.29 square meters, reinforcing its position as the largest industrial REIT in Thailand.

Mr. Anuwat said that as the REIT manager, WHART would like to thank all unitholders and investors. which has given a good response, WHART Trust itself has continuously grown its operations. and has always paid benefits to trust unitholders at a stable rate. After this additional investment The trust will have a larger asset size. and have increased income As a result, the estimated compensation payments will increase accordingly. It has estimated the compensation payment to be equal to 0.79 baht per unit for the estimation period from 1 Jan. 2024 to 31 Dec. 2024 as specified in the prospectus. The expected return (Dividend Yield) is 8.23% at the final offering price of additional trust units at 9.60 baht, which perfectly answers the needs of investors who want stable returns in the long term, especially during periods of market volatility. good

“Such success Showing confidence in the potential of WHART Trust after the Trust Open for sale of additional trust units for the 8th time to existing trust unitholders. Between the 1st, 4th and 6th – 8th of December 2023, while general investors open for subscription between the 13th -15th and 18th of December 2023 at the offering price of 9.60 baht, which Received an overwhelmingly good response from both existing and new investors. It reflects confidence in WHART Trust that can create worthwhile returns for investors. Because every project invested Located in the country’s important logistics locations such as Bangna-Trad and EEC, it has a stable group of tenants. Has the potential to grow This can be seen from the logistics service provider group (Third Party Logistics) and the manufacturer group (Manufacturer). As a result, the Trust will recognize income from investments that will grow and be stable in the future. ”Mr. Anuwat said

2023-12-26 05:06:29
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