Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust (TPRIME)
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Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust Profile
| Office REITs Industry | Real Estate Sector | Mr. Suchad Chiaranussati CEO | SET Exchange | TH7549010000 ISIN |
| TH Country | - Employees | 25 Nov 2025 Last Dividend | - Last Split | - IPO Date |
Overview
The Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust (REIT) stands as a distinguished entity in the realm of real estate investment, guided by the external management of SCCP REIT Company Limited. With its operations anchored in Bangkok, Thailand, this REIT specializes in the strategic investment in prime real estate assets. Its investment focus primarily extends to the acquisition of leasehold rights over significant properties such as the Mercury Tower Project and aims at securing a substantial ownership stake, notably at least 99.99 percent, in Exchange Tower Co., Ltd., which is the proprietor of the Exchange Tower Project. This strategic investment approach underscores the Trust's dedication to fostering a portfolio of high-valued and strategically located real estate properties.
Products and Services
- Mercure Tower Project Leasehold Rights
- Exchange Tower Project Investment
The Thailand Prime Property Freehold and Leasehold REIT invests in acquiring leasehold rights over the Mercury Tower Project. This investment strategy allows the Trust to manage and profit from the leasing of this prime real estate, which is situated in a sought-after location. The focus on leasehold rights provides a unique avenue for real estate investment, offering a blend of stability and potential high returns derived from the strategic positioning and value of the Mercury Tower.
By acquiring at least 99.99 percent of shares in Exchange Tower Co., Ltd., the REIT secures a controlling stake in the Exchange Tower Project. This move signifies the Trust's commitment to expanding its portfolio through direct ownership in properties that exhibit high potential for value appreciation and substantial income generation. The Exchange Tower, renowned for its strategic location and architectural significance, represents a cornerstone investment that contributes to the Trust's standing in the real estate investment landscape.
