Policy

The Fund shall invest in the immovable properties which may generate income and/or invest in other securities or assets or seek gains by other means for the benefit of managing the Fund’s assets. In this regard, the Fund’s objective is to make an initial investment in the office building named The Offices@CentralWorld. In such investment, the Fund shall invest in certain parts of the office building named The Offices@CentralWorld (the “Properties to be Initially Invested in by the Fund”) which include the land where The Offices@CentralWorld is located on, space of The Offices@CentralWorld, except certain space of G floor and 3rd floor and leasable space at B1 – B3 underground floors, for which Central Pattana Public Company Limited (“CPN”) is going to make a sublease agreement with Thai Business Fund 4 (“TBF4”) in order to develop the leasable space for retail purposes. (In this regard, in the initial investment, the Fund shall not invest in the said space for rent for retail purposes because TBF4 has additional plans to develop and improve the said space for rent for retail purposes. Such plans may have impacts on income and expense for the said space for rent for retail purposes.) Moreover, the Properties to be Initially Invested in by the Fund shall include public utility systems and equipment of The Offices@CentralWorld as well as the right to use car park services for 1,271 cars. The amount of money to be used by the Fund in the investment in The Offices@CentralWorld shall be determined by the amount of money derived from fund raising from the issuance and offering for sale of the Fund’s Investment Units and the amount of money derived from borrowing from local financial institutions less estimated expenses relating to the fund raising and to the investment in the Properties to be Initially Invested in by the Fund.

Fund Type

Property Funds/Infrastructure Funds

Sub Type of Fund

Property Fund

Registered Fund Capital

4,394 Million Baht

Fund Registration Date

13 Sept 2012

Maturity Date

N/A