CPNREIT Information

CPN Retail Growth Leasehold REIT (“the Trust”) was established from the conversion of CPN Retail Growth Leasehold Property Fund (“the Fund”) and received the transfer of assets, liabilities and obligations from the Fund on 1 December 2017. As at 1Q21, CPNREIT invests in long-term leasehold rights of properties including:

seven shopping malls - Central Rama 2, Central Rama 3, Central Pinklao, Central Chiangmai Airport, Central Pattaya, Central Lampang and Central Marina
four offices - Pinklao Tower A, Pinklao Tower B, The Ninth Towers and Unilever House
one hotel - Hiton Pattaya Hotel

On 8 May 2024, CPNREIT successfully executed its capital increase plan for the contracts of Central Pinklao project for another 15 years. The offer for additional trust units to existing unit holders and the general public, held from April 23-29, 2024. CPNREIT issued and offered a total of 1,053 million trust units at a final offering price of 10.20 baht per unit. With the Company's support as the Sponsor, Central Pattana's stake in CPNREIT has increased to approximately 39%.

Central Pattana is the REIT manager through its subsidiary, CPN REIT Management Co., Ltd., as well as the property manager for the assets under CPNREIT.
SCB Asset Management Company Limited (SCBAM) is the trustee for the REIT.

REIT management fee - At the rate not exceeding 1% of total asset value not less than THB 15 mn in 2018, with an increase of 3% per year.
Property management fee - At the rate not exceeding 3% of the net rental and service income.
Leasing commission - 0.5 - 1.5 months based on rental rate of particular tenants and depending on leasing type and term.
Base fee - At the rate not exceeding 0.28% of appraisal value of investment properties per the reported NAV endorsed by the Trustee and computed on the last working day of each month. The value excludes investment in hotels.
Incentive fee - At the rate of not exceeding 2.35% of the net property income.
Purchase and sale of property - At the rate of 1.50% of the asset's acquisition value and 0.75% of asset's disposal value.

Website: www.cpnreit.com

REIT Manager:

CPN REIT Management Company Limited

Phone : +66 (0) 2667 5555 Ext. 1689

Fax : +66 (0) 2264 5593

Website : www.cpnreit.com

Email : ir_cpnreit@centralpattana.co.th

Trustee:

SCB Asset Management Company Limited

Phone : +66 (0) 2777 7777 press 0, and press 6

Fax : +66 (0) 2949 1505

Website : www.scbam.com