News Detail

Date/Time
15 Feb 2016 19:58:00
Headline
Details of LH Hotel Leasehold Real Estate Investment Trust
Symbol
LHHOTEL
Source
LHHOTEL
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                Land and Houses Fund Management Co.,Ltd on behalf of REIT Manager of LH Hotel 
Leasehold Real Estate Investment Trust ("REIT")  would like to address the asset
 details of the REIT as of  December 30, 2015 as follows:
Fund    Total Assets    Net Asset Value    Net Asset Value per unit
LH Hotel Leasehold Real Estate Investment Trust   
    4,060,854,830.54    3,155,047,599.81    10.0586

-    Project    Grande Centre Point Terminal 21
-    Type of Property     Grande Centre Point Terminal 21 Project which comprises of 
28 storeys - building and 2 basements, including car parking spaces in the
building.
-    Location    No.2  Sukhumvit Soi 19 (Wattana), North Klongteoy sub-district, 
Wattana district, Bangkok
-    Appraised Value
1.    Appraiser     :      TAP Valuation Co.,Ltd. (June 23,  2015 )
?    Appraised value by                   Income -  approach method
?    Calculation - Period    


Baht 3,850 millions
Leasehold   (Approximately 25 years and Discount rate 11.0%)
2.        Appraiser     :      Grand Asset Advisory  Co.,Ltd. (June 24,  2015 )
?    Appraised value by
Income -  approach method
?    Calculation - Period    
Baht 3,800 millions

Leasehold   (Approximately 25 years and Discount rate 11.0%)

Please be informed accordingly.
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