News Detail

Date/Time
02 Aug 2016 19:38:00
Headline
Details of Quality Houses Hotel and Residence Freehold and Leasehold Property Fund Assets
Symbol
QHHR
Source
QHHR
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                Land and Houses Fund Management Co.,Ltd. as the management company of Quality 
Houses Hotel  and Residence Freehold and Leasehold Property Fund ("the Fund")
would like to address the details of assets as of  June 30th, 2016 as follows:
Fund    Total Assets    Net Asset Value    Net Asset Value per unit
Quality Houses Hotel and Residence Freehold and Leasehold Property 
Fund    4,158,479,138.63    4,157,024,797.95    12.3721

Project    Centre Point Hotel
Pratunam    Centre Point Hotel
Sukhumvit 10    Centre Point Hotel
Chidlom
Characteristic    Freehold rights to the land, 28-story hotel building and
5-story commercial building.    Freehold rights to the land,
28-story hotel building and two
5-story service apartment buildings.    Leasehold rights to the land and 24-story 
hotel building.
Location    6 Petchburi Road, Khwaeng Thanon Phayathai, Khet Ratchathewi, 
Bangkok    39 Sukhumvit Soi 10, Khwaeng Khlong Toei, Khet Khlong Toei, Bangkok    60
Langsuan Road, Khwaeng Lumpini, Khet Pathum Wan, Bangkok
Appraiser    TAP Valuation Co., Ltd. ( March 11, 2016 )
Appraised value by income approach method    Baht 1,488 million    Baht 1,920 
million    Baht 625 million
Calculation Period    Freehold
Discount rate 9%    Freehold
Discount rate 9%    Leasehold
(Approximately 10.17 years)
Discount rate 10%
    
Please be informed accordingly.
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