News Detail

Date/Time
17 Feb 2017 17:21:00
Headline
Details of LH hotel leasehold real estate investment trust (Edit)
Symbol
LHHOTEL
Source
LHHOTEL
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                Land and Houses Fund Management Co.,Ltd. as the management company of LH Hotel 
Leasehold Real Estate Investment Trust  ("LHHOTEL")  would like to adjust the
details of assets as of  December 31th, 2016 as to follows:
REIT    Total Assets    Net Asset Value    Net Asset Value per unit
LH Hotel Leasehold Real Estate Investment 
Trust    4,018,465,473.36    3,328,225,978.50    10.6107

Project    Grande Centre Point Hotel Terminal 21
Characteristic    Grande Centre Point Terminal 21 Project which comprises of 28 
storeys - building and 2 basements, including car parking spaces in the
building.
Location    2 Sukhumvit Soi 19 (Wattana), Sukhumvit Road, Klongtoey Nua, Wattana, 
Bangkok 10110, Thailand.
Appraiser    Grand Asset Advisory Co.,Ltd. ( June 27th, 2016 )
Appraised value by
 income approach method    Baht 3,840 million
Discount Rate    11%
Calculation Period    About 24 years
    
Please be informed accordingly.
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