Prime Office Leasehold Property Fund : Details of Assets
August 11, 2022 at 07:48 am
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Jortor 11-650150
August 11, 2022
Re:
Details of Assets
To: The President
The Stock Exchange of Thailand
SCB Asset Management Co., Ltd., the Management Company of Prime Office Leasehold Property Fund ("the Fund") would like to notify the details of assets as of June 30, 2022 as follows:
Fund
Total Asset
Net Asset Value
Net Asset Value per unit (THB)
(THB)
(THB)
Prime Office Leasehold
5,988,682,688.46
5,277,228,811.46
10.9568
Property Fund
Project
UBC II
Ploenchit Center
Bangna Tower Project
Type
The leasehold rights to the
The leasehold rights to the
1) Leasehold right in buildings, leasehold right in certain
land and 23-floor office build
land and the rights of
parts of the buildings in Bangna Tower Project including 4
ing
ownership to the 24-floor
buildings and ownership in related moveable properties
office building with
retail
2) Leasehold right of lands where Bangna Tower Project is
component
located
3) Sub-leasehold right of certain parts of land to be used
as the additional parking lots of Bangna Tower Project
4) Usufruct to the Fund to use additional parking lots
without any payment so that the Fund can use such areas
for parking in case that Teo Hong Silom Co., Ltd. is unable
to provide parking space in other areas and in the quantity
as agreed
Location
591 Sukumvit Road,
2 Sukumvit road, Kwang
2/3 Moo 14 and 40/14 Moo 12, Tambol Bangkeaw, Amphur
Klongton Nua, Wattana,
Klongtoey, Klongtoey,
Bangplee, Samutprakarn
Bangkok
Bangkok
Appraiser
Edmund Tie & Company (Thailand) Co., Ltd.
Appraised/Reviewed
2,520,000,000
503,900,000
1,993,000,000
Appraised Value (Baht)
Valuation Date
June 30, 2022
Calculation Period
Approximately
Approximately
Approximately
18 years 9 months
2 years 7 months
22 years 4 months
Appraisal Method
Income Approach
Investors may seek the appraised / reviewed appraisal reports through https://www.scbam.com/th/fund/property-fund/fund-information/popf
Please be informed accordingly.
Yours faithfully,
Prime Office Leasehold Property Fund
By SCB Asset Management Company Limited
(Mrs. Tipaphan Puttarawigorm)
Executive Director, Property and Infrastructure Investment Group
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Disclaimer
Prime Office Leasehold Property Fund published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 11:45:44 UTC.
Prime Office Leasehold Property Fund (the Fund) is a Thailand-based closed-end property fund. The purpose of the Fund is to raise funds from unitholders to invest in properties and leasehold rights and utilize them for commercial benefit with indefinite expiration date. The Fund has invested in leasehold properties by purchasing and/or leasing land, buildings, equipment and utility systems of Ploenchit Center Building and UBC II Building. It also invests in Bangna Tower Project for the leasehold rights in land, certain parts of buildings and building systems for approximately 30 years, sub-leasehold rights of certain parts of land for approximately seven years and ownership in movable properties. The Fundâs management company is SCB Asset Management Company Limited. Its mutual fund supervisor is KASIKORNBANK Public Company Limited. Its property managers include Erawan Commercial Management Company Limited, Bhiraj Management Company Limited and Teo Hong Silom Company Limited.
PRIME OFFICE LEASEHOLD PROPERTY FUND 
