DPU to surge in 2016 and 2017. Major renovation is now
under way at CentralPlaza PInklao mall, which contributes
22% of the fund’s total revenue. We estimate DPU will drop
by 25% in 2015 because of revenue lost during the
renovation. But, DPU will surge in 2016 and 2017 after the
renovation is completed; the management estimates rents at
CentralPlaza Pinklao should increase by about 9-10%.