Earnings Drivers:
Invests in leasehold rights to three office buildings in Bangkok’s prime areas. These are successful office buildings
in good locations with 98% average occupancy rate. The Fund’s assets include i) C.P. Tower I (Silom), ii) C.P. Tower II
(Fortune Town), iii) C.P. Tower III (Phayathai). With all of the assets being in prime locations, the Fund stands to benefit from future rental rate hikes. The remaining tenure of the lease is about 29 years.