Post by habibkhan11 on Feb 13, 2024 23:23:05 GMT -5
PROSPECT REIT shows strong form with growing income The first quarter occupancy rate was 93.4%, indicating that the food and logistics business continues to grow. Prospect REIT Management Company Limited, REIT Manager Prospect Logistics and Industrial Real Estate and Leasehold Real Estate Investment Trust or “PROSPECT REIT” announced operating results for the 1st quarter of 2022. The trend is still bright. With total operating income of 109.6 million baht, an increase of 1.51% from the same period last year, with net investment profits of 70.9 million baht, PROSPECT REIT currently has an occupancy rate for factory and warehouse space (Occupancy Rate) of 93.4% Prepare to announce payments to trust unitholders in the form of benefits and average payback at the rate of 0.2275 baht per unit, scheduled to be paid on June 10, aiming to maintain the trust's yield this year.
to be around 8-9%, which is higher than the overall market average Ms. Oranong El Salvador Telemarketing Data Chaithong, Chief Executive Officer of Prospect REIT Management Company Limited, as the REIT Manager, revealed that “The operating results for the first quarter of 2022 PROSPECT REIT still maintain a higher occupancy rate than Over 90%, which is higher than average when compared to the average occupancy rate in the Bangna-Trad zone. Even though faced with the impact of various external factors Both economic Aftermath of the Russo-Ukrainian War causing oil prices to fluctuate As well as the COVID situation, there is a strong EBITDA margin, emphasizing the high quality of the assets invested by the REIT. Whether it's in terms of location Property condition or even tenants within the project.” The supporting factor for PROSPECT REIT's growth comes from the distribution of most tenants, which are all industrial groups that meet current market demand.
Both transportation, e-commerce business and food business are growing against the trend. In the project, there were the most entrepreneurs operating paper businesses, accounting for 14.3%, followed by food businesses, recycling businesses. Business in the plastic industry and logistics service business As a result, there is a continuously high rental rate. PROSPECT-REIT-Performance-Q122.jpg In addition, most of the REIT's assets are in the Bangkok Free Trade Zone (BFTZ) project, located on Bangna-Trad Road Km. 23, classified as an important strategic logistics area of the country. Therefore, it has always attracted more than 85% of existing tenants to renew their contracts, including new tenants in the food business group signing additional contracts.
to be around 8-9%, which is higher than the overall market average Ms. Oranong El Salvador Telemarketing Data Chaithong, Chief Executive Officer of Prospect REIT Management Company Limited, as the REIT Manager, revealed that “The operating results for the first quarter of 2022 PROSPECT REIT still maintain a higher occupancy rate than Over 90%, which is higher than average when compared to the average occupancy rate in the Bangna-Trad zone. Even though faced with the impact of various external factors Both economic Aftermath of the Russo-Ukrainian War causing oil prices to fluctuate As well as the COVID situation, there is a strong EBITDA margin, emphasizing the high quality of the assets invested by the REIT. Whether it's in terms of location Property condition or even tenants within the project.” The supporting factor for PROSPECT REIT's growth comes from the distribution of most tenants, which are all industrial groups that meet current market demand.
Both transportation, e-commerce business and food business are growing against the trend. In the project, there were the most entrepreneurs operating paper businesses, accounting for 14.3%, followed by food businesses, recycling businesses. Business in the plastic industry and logistics service business As a result, there is a continuously high rental rate. PROSPECT-REIT-Performance-Q122.jpg In addition, most of the REIT's assets are in the Bangkok Free Trade Zone (BFTZ) project, located on Bangna-Trad Road Km. 23, classified as an important strategic logistics area of the country. Therefore, it has always attracted more than 85% of existing tenants to renew their contracts, including new tenants in the food business group signing additional contracts.