News Detail

Date/Time
09 Aug 2017 19:44:00
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. as the management company of LH Hotel 
Leasehold Real Estate Investment Trust  ("LHHOTEL")  would like to address the
details of assets as of  June 30th, 2017 as follows:
REIT    Total Assets    Net Asset Value    Net Asset Value per unit
LH Hotel Leasehold Real Estate Investment 
Trust    8,404,808,741.35    6,562,614,012.11    12.1999

Project    Grande Centre Point Hotel
Terminal 21     Grande Centre Point Hotel Ratchadamri
Characteristic    Grande Centre Point Terminal 21 Project which comprises of 28 
storeys - building and 2 basements, including car parking spaces in the
building.      Grande Centre Point Hotel Ratchadamri project, a 49-storey
- building and one basements, including car parking spaces in the building.
Location    2 Sukhumvit Soi 19 (Wattana), Sukhumvit Road, Klongtoey Nua, Wattana, 
Bangkok 10110, Thailand.    153/2 Soi Mahadlekluang 1, Ratchadamri Road, Khwaeng
Lumpini, Khet Pathumwan, Bangkok
Appraiser Value (latest)
        Appraiser Name    TAP Valuation Co.,Ltd
    Grand Asset Advisory Co.,Ltd    TAP Valuation Co.,Ltd

Appraiser Date    May, 15th  2017    August, 11th 2017
Appraised value by income approach method
(Unit: Million THB)    4,120    3,534    3,580
Discount Rate    11.00%    11.00%
Calculation Period    approximately 23 years and 3 months    approximately 21 years 
and 5 months

Please be informed accordingly.
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