|
Post by account_disabled on Dec 24, 2023 3:07:24 GMT -5
Frasers Property Industrial REIT Management (Thailand) Company Limited or “FIRM” as the REIT manager of the Industrial Real Estate and Leasehold Real Estate Investment Trust. Razors Property or "FTREIT" reveals operating results for the second quarter (January - March 2022). Total income was 907.0 million baht, an increase of 42.7 million baht or 4.9% compared to the same period. Same time last year Net investment profits amounted to 635.0 million baht, an increase of 13.3 million baht or 2.1%, with the main factors being Email Marketing List the increase in the proportion of rental space and occupancy rate. With the demand of tenants in high-growth industries such as logistics, automotive and electronics. As a result, the operating results for the first half of fiscal year 2022 (October 2021 - March 2022) had a total income of 1,812.8 million baht, an increase of 138.5 million baht or 8.3% compared to the same period last year. Meanwhile, net investment profits were 1,270.8 million baht, an increase of 114.9 million baht or 9.9%. For the 2nd quarter return benefit, FTREIT has announced the payment at the rate of 0.1750 baht per trust unit. The payment is scheduled to be made on June 1, 2022. When combined with the previous quarter, FTREIT has announced a return payment for the first half of fiscal year 2022 totaling 0.3450 baht per trust unit. Currently, assets under management of FTREIT include 641 factory and warehouse units on a total leasable area of 2.06 million square meters. All projects are located in strategic industrial and logistics locations in Thailand, including Phra Nakhon Si Ayutthaya, Pathum Thani, Samut Prakan, Prachinburi and provinces in the EEC area.
|
|