News Detail

Date/Time
09 Aug 2017 19:40:00
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 30, 2017 as follows:
Fund    Total Assets    Net Asset Value    Net Asset Value per unit
Quality Houses Hotel and Residence Freehold and Leasehold Property 
Fund    4,215,543,527.48    4,213,129,338.05    12.5390

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
Appraisal Date    1 March 2017    1 March 2017    1 March 2017
Appraised value by income approach method    Baht 1,572 million    Baht 1,920 
million    Baht 607 million
Calculation Period    Freehold
Discount rate 9%    Freehold
Discount rate 9%    Leasehold
(Approximately 9.25 years)
Discount rate 10%
    
Please be informed accordingly.
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