News Detail

Date/Time
09 Feb 2018 19:38:00
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  December 29th, 2017 as follows:
REIT    Total Assets
(Baht)    Net Asset Value
(Baht)    Net Asset Value per unit
(Baht per unit)
LH Hotel Leasehold Real Estate Investment 
Trust    8,251,106,084.66    6,638,691,120.46    12.3414

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    TAP Valuation Co.,Ltd
Appraiser Date    May, 15th  2017    August, 24th 2017
Appraised value by income approach method    THB 4,120 Million    THB 3,791 Million
Discount Rate    11.00%    11.00%
Calculation Period    approximately 23 years and 3 months    approximately 20 years 
and 9 months
Please be informed accordingly.
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