along with continuous plans to invest in high-quality assets to enhance performance and reaffirming as largest industrial REIT in Thailand

Bangkok – TICON Freehold & Leasehold Real Estate Investment Trust (TREIT) unveiled success which in unitholders’ approval to acquire premium quality of assets from TICON group worth 3.6 billion baht and plan to transfer assets within the end of this year. For addition to the high-quality, they are also strategically located properties that have world-class companies as tenants which will reinforce TREIT’s portfolio and achieve this year’s growth target. As a result, It will return to unitholders and reaffirm TREIT as the largest industrial REIT in Thailand. Its further plans include additional investment in high-quality assets in Thailand and abroad, search for high-potential investment opportunities, and keeping its solid management performance to meet the growth trend of sectors that are being spurred by the government’s Industry 4.0 and EEC policies. TREIT is targeting at continued growth of up to 2-3 billion baht per annum.