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Page 1
IMPACT Growth REIT
Investor Presentation
IMPACT Growth REIT
REIT Manager
SET Thai Corporate Day 2016
8 March 2016
Page 2
• IMPACT Growth REIT Overview
• Operational & Financial Performance
• Prospected new assets
Content
Page 3
IMPACT Growth REIT Overview
Page 4
IMPACT Growth REIT Structure
IMPACT
GROWTH REIT
REIT Manager
RMI Company Limited
Trustee
IMPACT Arena
IMPACT Challenger
IMPACT Exhibition
Center
IMPACT Forum
Property Manager
Public Trust Holders
IMPACT as property manager
Manage an
operation of all assets
Manage the REIT
Monitor the REIT
Trust Certificates
Management fee
Freehold ownership
Trustee fee
Lenders
Management fee
Page 5
Bangkok Land Public Company Limited (“BLand”) is a leading property development and holding company
in Thailand with established track record in the development of large-scale self-contained community projects including
Muang Thong Thani Chaengwattana and Muang Thong Thani Bangna
Bangkok Land Public Company limited (“BLand”)
Real Estate Exhibition,
Convention Centre & Hotel
Building
Management and Service
Retail Others
Sinpornchai
Company Limited (“SPC”)
Bangkok Airport
Industry Company Limited (“BAIC”)
IMPACT Exhibition
Management
Company Limited (“ Property Manager”)
Muang Thong
Services and
Management
Company Limited (“MSM”)
Muang Thong
Building Services
Company Limited (“MBS”)
Bangkok Land
Agency Limited (“Agency”)
Bangkok Land
(Cayman Islands)
Limited (“Cayman”)
100%
100%
100% 97%
97%
99.3% 100%
Bangkok Land Overview
BLand currently operates the largest exhibition and convention facility in Southeast Asia through IMPACT Exhibition & Management Company Limited.
RMI Company
Limited
(“REIT Manager”)
100%
Page 6
REIT Name IMPACT Growth Real Estate Investment Trust (“IMPACT”)
Sources of Fund Capital 80% ; 15,714,500,000 THB
Debt 20% ; 3,900,000,000 THB
Investment Assets
REIT acquired Freehold Assets of IMPACT Muangthong Thani Project including Land, building and utilities system of IMPACT Arena Land, building and utilities systems of IMPACT Exhibition Center Land, building and utilities systems of IMPACT Forum and P2 Parking Building Land, building and utilities systems of IMPACT Challenger and P1 Parking
IMPACT Growth REIT Summary
Sponsor / Property
Manager IMPACT Exhibition Management Company Limited
REIT Manager RMI Company Limited (a 100% subsidiary of IMPACT)
Trustee Kasikorn Asset Management Company Limited
Number of Unit 1,482,500,000 Units
NAV 10.8323 ( End of Dec’15)
Listed Date October 1, 2014
Dividend Policy At least 90% of the adjusted net profit for the year as distribution to holders of trust units. Distribution to be made includes annual distribution and interim distribution (if any)
Page 7
Stock Information
Stock Information
Bloomberg /Reuters : IMPACT.TB/ IMPACT.BK
Unit Price (15 –Feb-16) : THB 12.30
Historical price:
52 – week high* THB 12.40
52 – week low* THB 10.30
Average Trading Volume : THB 12.7mn
No. of unit : 1,482,500,000
Par Value: THB 10.60
Market Capitalization : THB 18.2bn
Major Unitholders
•Source : SETSMART
•From the period of16 Feb 2015 – 15 Feb 2016
99.29.49.69.81010.210.410.610.81111.211.411.611.81212.212.412.612.813
900
1,100
1,300
1,500
1,700
1/10/2014 13/11/2014 29/12/2014 12/2/2015 27/3/2015 19/5/2015 2/7/2015 17/8/2015 28/9/2015 11/11/2015 28/12/2015 10/2/2016
SET IMPACTPoints Bt. / unit
Top 10 Major Unitholders @ 27- Nov-15
1. IMPACT Exhibition Management Co.,Ltd. 50.00%
2. Social Security Office of Thailand 4.06%
3. Allianze Ayudhya Assurance Pcl. 2.23%
4. TMB Property Income Fund 1.96%
5. Government Saving Bank 1.93%
6. Muang Thai Life Assurance Pcl. 1.29%
7. Thanachart Property Sector 1.29%
8. HSBC (SINGAPORE) NOMINEES PTE LTD 1.28%
9. South East Insurance Pcl. 1.27%
10. Thai Insurance Plc. 1.27%
Page 8
IMPACT has secured the highest market share
among 4 key players in Thailand
IMPACT offers complete facilities with unique characteristics that suit distinguished need of different types of customers
Royal Paragon (Rama 1 Rd) Venue Area : 12,000 sq.m. Characteristic :
comprise of Royal Paragon Hall 1,2,3 and 5 meeting rooms
BITEC (Bangna-Trad Rd) Venue Area : 32,000 sq.m. Characteristic :
large hall area with an expansion plan
IMPACT (ChaengWattana Rd) Venue Area : 120,000 sq.m. Characteristic :
largest indoor venue area with abundant parking space
QSNCC(Ratchadapisek Rd) Venue Area : 18,000 sq.m. Characteristic :
comprise of 4 zones, each zone has 1 – 3 floor
3
4
1
2
Factors Supporting IMPACT High Market Share
1 Biggest Exhibition Center in South East Asia
with over 122,165 sq.m. indoor venue space
2 Ability to host 40,000 – 50,000 visitors at a time
3 Fully equipped with modern and technological advanced facility
4 A one-stop service providers to diverse customers
5 Ample car parking spaces
Source : RMI Co.,Ltd. during 1 Jan 15 – 31 Dec 15
Top MICE Business Players in Thailand
Competitors & Market share
IMPACT
67%
BITEC
20%
QSNCC
11%
PARAGON
2%
Page 9
IMPACT Forum
IMPACT Exhibition Hall 5-8
IMPACT Challenger
IMPACT Arena
IMPACT Exhibition Hall 1-4
Strategic Location suitable for MICE businesses
Strategic Location
Page 10
Strategic Location suitable for MICE businesses
1
2
4
Connected to 5 main roads of Bangkok and Nonthaburi
Located 15 km away from Don Muang Airport and 45 km from Suwannabhumi Airport
Accessible by multiple public transports; IMPACT LINK, Bus, Taxi
LARGE VENUE
IMPACT boasts on its vast venue and
complete facilities to accomodate increasing
number of visitor on continual basis year after
year. This fact attracts a number of new
events and repeating events to IMPACT,
constituting a strong growth in revenue year
on year.
5 Potential of upcoming Mass Rapid Transit (Pink Line)
The right location leads to the robust traffic to the events held at IMPACT Muang Thong Thani
3 Located close to Expressways
Why Does customer choose IMPACT
LARGE PARKING AREA
Ample Parking spaces is a competitive
advantage that allows convenience for
commuters.
MEETING INCENTIVE CONVENTION &
EXHIBITION HUB OF ASIA
IMPACT has prepared its property to serve
wide range of customer ranging from
industrial machine exhibition to international
concert. Customer can choose among
distintive facilities to suit their need at IMPACT
Convention & Exhibition Center.
ONE STOP SERVICE
IMPACT provides integrated services to
customers ranging from F&B catering, event
management, operations, floor space
consultation to sales&marketing.
Easily access and convenience
Page 11
1998 2000 2003 2006 2014
Raised fund through REIT for
future expansion
HALL 1-4
ARENA FORUM HALL 5-8 CHALLENGER
“IMPACT has managed the properties since its inception and continuously
expanded the project along to accomplish its vision to be Asia’s Top 5 Venues.
Currently, IMPACT is the market leader in Thailand MICE industry with the highest market share of occupied venue spaces.”
With more than 15 years of expertise in managing exhibition center, the excellent service provided by the company are widely recognized by to be beyond the expectations.
an integrated venue manager with versatile services
1
2
3
floor space consultant
event manager
skillful operator
4 catering provider
5 media consultant
guaranteed by many awards and standard certifications
TIS 22300 MICE Security
Management System Certification
ISO 50001 Energy
Management Standard Certification
ISO 22000 Food-Safety
Management Standard Certification
TCEB Approved Event Award
Thailand Incentive
and Convention Association
UFI ICT Award 2010 Runner up
High Experience of Property Manager
Page 12
1 IMPACT ARENA
2 IMPACT EXHIBITION Center
3 IMPACT FORUM
4 IMPACT CHALLENGER 1-3
Land
Building
Land covering the area of approximately 76 Rai (same title deed with the IMPACT Exhibition Hall 1-8)
5-floor building with a gross floor area of 41,810 sq.m. and net leasable area of 16,294 sq.m.
Land
Building
Land covering the area of approximately 29 Rai
2-floor building with10-floor parking lot; combined
gross floor area of 119,522 sq.m. and net leasable area of 25,943 sq.m.
Land
Building
Land covering the area of approximately 76 Rai (same title deed with the IMPACT Arena)
8 buildings with a combined gross floor area of 99,519 sq.m. and net leasable area of 53,471 sq.m.
Land
Building
Land covering the area of approximately 84 Rai
3 buildings with a combined gross floor area of 221,087 sq.m. and net leasable area of 69,898 sq.m.
4 Initial Assets
All of the four assets comprise IMPACT Muang Thong Thani : The Largest Exhibition and Convention Center in ASEAN
Page 13
Long-term Rent to IMPACT
Media Space Right Fee
Parking Fee
Concerts & Events Meetings Exhibitions Conventions Incentives & Parties
IMPACT Growth REIT receives revenue from many sources of income
Exhibition Venue Service
F&B Right Fee Long-term Rent
1
2 2 3 4 5
IMPACT Growth REIT Revenue Structure
Page 14
Asset’s Character
IMPACT Arena
Concert Family Show Incentive & party
Exhibition Public Exhibition Trade Conference
IMPACT Challenger
Page 15
Asset’s Character
IMPACT Exhibition Center Hall 1-8
Exhibition - Trade Exhibition - Public Meeting
Conference Meeting Banquet
IMPACT Forum
Page 16
Operational & Financial Performance
Page 17
Past Performance
2008 – 2014 Occupancy Rate
Historical data of Occupancy rate showed that despite many unexpected events during FY2008-14 such as the flood crisis and political turmoil, IMPACT’s overall occupancy rate still able to rise at CAGR for 6 years at 6%
Thailand
Mega
Flood
Coup Bangkok
Shutdown
Pattaya
Riot
Rajaprasong
Riot
35%
44% 41%
47%
53% 52% 51%
2008/2009 2009/2010 2010/2011 2011/2012 2012/2013 2013/2014 2014/2015
Page 18
IMPACT Exhibition Hall 1-8 IMPACT Arena
IMPACT Challenger IMPACT Forum
Ave
rag
e
Oc
cu
pa
ny
Ra
te
35% 36% 41%
61% 59%
36%
0%
20%
40%
60%
80%
100%
54% 57% 55% 56%
68% 62%
0%
20%
40%
60%
80%
100%
12% 12% 9%
15%
22%
12%
0.0%
20.0%
40.0%
46% 48% 59%
50% 46%
70%
0%
20%
40%
60%
80%
100%
52.4% 49.0% 50.7% 49.2% 52.5% 60.4% 54.1%
70.0
64.4 63.1 63.8 61.9 60.9 62.1
55.0
60.0
65.0
70.0
75.0
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
OR ARR
Maximum occupancy rate in exhibition and convention industry is approximately 70%
(taking into account set-up and tear-down period throughout the year)
Occupancy Rate (%) & Average Rental Rate (Bt/sq.m./Day)
Occupancy Rate
1Q 2Q 3Q
2015/2016
2014/2015
2015/2016
2014/2015
2015/2016
2014/2015
2015/2016
2014/2015
1Q 2Q 3Q 1Q 2Q 3Q
1Q 2Q 3Q
FY2014/2015 1Q’2015/2016 2Q’2015/2016 9M’2015/2016 3Q’ 2015/2016 9M2014/2015 3Q’2014/2015
Page 19
Service income by Assets
Hall 1-8 and Challenger are IMPACT’s key revenue drivers
Remark: Venue Sales data does not include Outdoor Exhibition Income and Other Income (e.g. reservation fee, interest income, profit from sale of assets, etc.)
Contribute 49% of Service income
Contribute 36% of Service income
Contribute 7% of Service income
Contribute 8% of Service income
CAGR of Challenger
Venue Sale over 4 years 10.5%
CAGR of Hall 1-8
Venue Sale over 4 years 7.3%
CAGR of Arena Venue Sale over 4 years 4.7%
CAGR of Forum Venue Sale over 4 years -3.4%
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
FY2014/2015 1Q'2015/2016 2Q'2015/2016 3Q'2015/2016 9M2015/2016
Million (Baht)
IMPACT Challenger IMPACT Exhibition Hall 1-8
IMPACT Arena IMPACT Forum
FY2014/2015* 1Q’2015/2016 2Q’2015/2016 3Q’2015/2016 9M’2015/2016
* REIT acquired asset on 29th September 2014, thus this performance compose of the REITs 2 days performance of 2Q, 3Q and 4Q of
2014/2015
Page 20
Each asset serves 3 main groups of customers; Public Sector, Domestic Private Sector and International Private Sector. The proportion of asset’s revenue contributed by each type of customers are shown in the graphs below.
Public Sector
Customer segment in 3Q15/16 :
3Q15/16, the Domestic Private Sector is no. 1 proportion at 70%, comparing with Public Sector and Private
International Sector share portion at 24% and 7% respectively. The Public sector share bigger portion in this year
compare with 3Q’2014/2015, at 17%.
The Private International Sector decrease its portion, at 7%, as most of event in this quarter are Thai companies,
which is lower from 3Q’2014/2015, at 14%.
ARENA HALL 1-8
FORUM CHALLENGER
International Private Sector Domestic Private Sector Average Revenue Contribution
by type of customers
14% 20% 21%
7% 15%
69% 60% 49%
70% 60%
17% 20% 30% 24% 25%
0%
20%
40%
60%
80%
100%
Customer Segment
2012/2013 2013/2014 2014/2015 6M2014/15 2012/2013 2013/2014 6M2014/15
2012/2013 2013/2014 2014/2015 6M2014/15 2012/2013 2013/2014 2014/2015 6M2014/15
0%20%40%60%80%
100%
0%
20%
40%
60%
80%
100%
3Q'2014/2015 1Q'2015/2016 2Q'2015/2016 3Q'2015/2016
0%
20%
40%
60%
80%
100%
3Q'2014/20151Q'2015/20162Q'2015/20163Q'2015/2016
0%
20%
40%
60%
80%
100%
3Q'2014/2015 1Q'2015/2016 2Q'2015/2016 3Q'2015/20162Q’2014/2015 1Q’2015/2016 2Q’2015/2016 2Q’2014/2015 1Q’2015/2016 2Q’2015/2016
1Q ’15/16
9M ’15/16
2Q ’15/16
3Q ’14/15
3Q ’15/16
3Q’14/15 1Q’15/16 2Q’15/16 3Q’15/16 3Q’14/15 1Q’15/16 2Q’15/16 3Q’15/16
3Q’14/15 1Q’15/16 2Q’15/16 3Q’15/16 3Q’14/15 1Q’15/16 2Q’15/16 3Q’15/16
Page 21
Million Baht 3Q'14/15 % to
income 2Q'15/16 % to
income 3Q'15/16 % to
income
Growth Growth
QoQ YoY
Service income 561.13 100% 500.32 100% 572.38 100% 14% 2%
Cost of service 77.76 14% 73.26 15% 79.10 14% 8% 2%
Gross profit 483.37 86% 427.06 85% 493.27 86% 16% 2%
SG&A 31.87 6% 48.94 10% 46.62 8% -5% 46%
Interest Income 0.23 0% 0.24 0% 0.22 0% -5% -4%
Other income 0.95 0% 5.66 1% 2.06 0% -64% 115%
Operating profit 452.69 81% 384.01 77% 448.93 78% 17% -1%
Property management fee 11.28 2% 15.61 3% 17.85 3% 14% 58%
REIT management fee 30.49 5% 39.08 8% 41.66 7% 7% 37%
Trustee's fee 15.26 3% 15.42 3% 15.46 3% 0% 1%
Registrar's fee 0.91 0% 0.90 0% 0.90 0% 0% -1%
Professional fees 0.72 0% 0.71 0% 0.85 0% 21% 18%
Total fee related 58.66 10% 71.72 14% 76.73 13% 7% 31%
Financial Cost 48.54 9% 46.59 9% 46.81 8% 0% -4%
Total expenses 216.84 39% 240.51 48% 249.27 44% 4% 15%
Net Investment incomes 345.48 62% 265.70 53% 325.39 57% 22% -6%
Net realised gain on investments in securities 1.21 0%
Unrealized gain/loss 1.84 0% 1.59 0% 1.66 0% 4% -10%
Total realized and unrealized gains on
investments 1.84 0% 1.59 0% 2.87 1% 81% 56%
Increase in net asset from operation 347.32 62% 267.29 53% 328.26 57% 23% -5%
Earning per share 0.23 0.18 0.22
3Q’2015/16 Income Statement
Page 22
Million Baht 22 Sep‘14 - 31 -Dec'14 % to income 9M'15/16 % to income
Service income 565.15 100% 1,570.07 100%
Cost of service 78.30 14% 223.21 14%
Gross profit 486.86 86% 1,346.86 86%
SG&A 32.46 6% 150.33 10%
Interest Income 1.38 0% 0.73 0%
Other income 1.72 0% 8.33 1%
Operating profit 457.50 81% 1,205.60 77%
Property management fee 11.38 2% 48.69 3%
REIT management fee 31.71 6% 109.83 7%
Trustee's fee 16.73 3% 46.17 3%
Registrar's fee 1.00 0% 2.71 0%
Professional fees 0.82 0% 2.66 0%
Total fee related 61.63 11% 210.07 13%
Financial Cost 49.62 9% 140.32 9%
Total expenses 222.00 39% 723.92 46%
Net Investment incomes 346.25 61% 855.21 54%
Net realized gain on investments in securities 1.21 0%
Unrealized gain/loss 1.84 0% 5.227 0%
Total realised and unrealised gains on investments 1.84 0% 6.44 0%
Increase in net asset from operation 348.09 62% 861.65 55%
Earning per share 0.23 0.58
9M’2015/16 Income Statement
Page 23
Revenue & Cost Structure
83%
8%
6%
3% Venue Sale
F&B Right fee &
Media Right Fee
Service / Long term
rental
Parking Income
Service Income Breakdown Cost of Sale Breakdown
Admin cost Breakdown
51%
23%
9%
12%
5% Utility cost
Security,
Cleaning,Laundry
Property Tax
service cost (Equipment
+sound + casual)
Other cost
36%
33%
15%
12% 4%
Utility &Service & cleaning
Repair & Maintenance
Equipment
Other
Bank fee & Other fee
For 9 month period from April – December 2015
Page 24
Balance Sheet as at 31 Dec’ 15
Million baht FY2014/2015 % to 3Q'2015/2016 % to Change End of Mar'15 total assets End of Dec'15 total assets
Investment in Properties in fair Value 19,603.00 96% 19,604.00 96% 0.0%
Investment in Securities at fair value 402.07 2% 501.51 2% 24.7%
Cash and cash at Bank 204.87 1% 146.22 1% -28.6%
Receivables from
service 180.26 1% 93.50 0% -48.1%
Interest 0.28 0% 0.02 0% -94.2%
Prepaid expense 7.82 0% 5.18 0% -33.8%
Other assets 6.01 0% 7.46 0% 24.0%
Total assets 20,404.30 100% 20,357.89 100% -0.2%
Trade Payable 70.40 0% 86.71 0% 23.2%
Other Payable 9.04 0% 8.25 0% -8.8%
Accrued expenses 132.33 1% 109.66 1% -17.1%
Unearned income 202.87 1% 108.35 1% -46.6%
Security Deposits 13.66 0% 8.96 0% -34.4%
Other liabilities 70.68 0% 76.97 0% 8.9%
Long - term loans 3,900.00 19% 3,900.00 19% 0.0%
Total liabilities 4,398.99 22% 4,298.88 21% -2.3%
Net Assets 16,005.31 78% 16,059.00 79% 0.3%
Capital from Unitholders 15,714.50 77% 15,714.50 77% 0.0%
Retain Earnings 290.81 1% 344.50 2% 18.5%
Net assets 16,005.31 78% 16,059.00 79% 0.3%
NAV 10.7961 10.8323
Page 25
Debt ,
3,900
Equity ,
16,059
IMPACT Growth REIT Prudent Capital Structure
Details of IMPACT Growth REIT debt structure
Two long-term debts tranches based on floating interest rate
To fund the acquisition of IMPACT Growth REIT’s initial assets
Tenor: 5 -7 Years
Interest Rate: Floating rate based on MLR
Repayment Schedule: Bullet Loan and amortized
Collateral: Land and building mortgage
To fund the maintenance/renovation of IMPACT
Growth REIT’s assets
Tenor: 5 years
Interest Rate: Floating rate based on MLR
Line for capital expenditures and normal repair &
maintenance expenditures
Ensured source of fund are available for major
maintenance/renovation besides those from
normal operation
Collateral: Land and building mortgage
Expected maximum total debt of THB 4,080 Million
Loan to total assets is at 19%, from the maximum limit at 35%
5 -7 year loan tenor
Likely methods of refinancing can either be in a form of bond offering or bank loan. The REIT manager will perform
the refinancing with the most cost-effective manner.
Lower REIT’s cost of capital by utilizing the optimal debt structure
Tranche 1: Acquisition Tranche of
THB 3,900 Million Tranche 2: Maintenance Tranche of THB 180 Million
Unit : THB million
Page 26
Performance
Efficiency Ratios (Annualized return)
Profitability Ratios
Debt Covenant
86% 87% 86% 85% 86% 81% 81%
75% 76% 78% 70%
61% 62% 62% 65% 62% 52% 53% 53% 57%
3Q'2014/2015 4Q'2014/2015 1Q'2015/2016 2Q'2015/2016 3Q'2015/2016
GPM OPM EBITDA margin NPM
4%
6% 6% 6% 7% 7%
8%
10% 10%
1Q'2015/2016 2Q'2015/2016 3Q'2015/2016
ROA ROE ROIC
19% 19% 19% 19%
2.81 3.13 3.14
3.03
7.38 6.63 6.67
7.10
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
0
1
2
3
4
5
6
7
8
FY2014/2015 1Q'2015/2016 2Q'2015/2016 3Q'2015/2016
Loan / Total asset Interest Coverage
Debt/EBITDA DSCR
* Debt/EBITDA , EBITDA = Annualized EBITDA
*
Page 27
At least 90% of the adjusted net profit for the year as distribution to holders of trust units. Distribution to be made
includes annual distribution and interim distribution (if any)
The distribution shall pay not over 4 times per year.
Distribution Policy
Historical Dividend Payment
0.234 0.191
0.426
0.179 0.180 0.221
0.581
0.230 0.190
0.420
0.175 0.180 0.190
0.545
0.000
0.100
0.200
0.300
0.400
0.500
0.600
0.700
3Q'2014/15 4Q'2014/15 FY2014/2015 1Q'2015/16 2Q'2015/16 3Q'2015/2016 9M'2015/2016
EPS DPU
Baht/ Unit 92%
Dividend
Payout
Historical Dividend Payment
Distribution
96%
Dividend
Payout
* REIT acquired assets on 29th September 2014, thus this performance compose of the REITs 2 days performance of 2Q, 3Q and 4Q of 2014/2015
*
Page 28
Prospected new assets
Page 29
4 star hotel adjacent to IMPACT Challenger and Forum
380 rooms with 71% Occupancy Rate, THB1,745 ARR
Main customers come from
IMPACT’s customers and tour group
Novotel Bangkok IMPACT
Office building with 86% Occupancy Rate
49,845.85 sq.m. with Average
rental rate @ THB340
Rental rate adjusted 15% every 3Y
New Geneva Office Building
2,000 cars capacity Indoor Parking with “Outlet square sitting on the same property
Oct – Dec’ 15 number of cars were parked at P3 Indoor parking is 54,369 cars.
Directly connected to IMPACT Growth REIT’s properties via a sky-bridge
P3 Indoor Parking
Prospected New Assets
Call Option Enhanced Rights of
First Refusal (ROFR)
Rights of First Refusal (ROFR)
Under the condition of the REIT has rights of First Refusal
• IMPACT Growth REIT can offer to buy any
future developed exhibition/convention assets
from IMPACT Exhibition Management Co.,Ltd.
• Once IMPACT Exhibition Management Co.,Ltd.
refuses REIT’s offer, IMPACT Exhibition
Management Co.,Ltd. can sell to other parties
only if the sale conditions are superior to REIT’s offer
• IMPACT Exhibition Management Co.,Ltd. must
first offer to IMPACT Growth REIT any of its
current and future exhibition/convention assets before offering to other entities
3 Year Term
Page 30
Future Investment in Muang Thong Thani
Water
Park
Marina
Link bridge & 4
Storey Building
Cosmo Office
Park
IBIS Hotel
New Investment Projects which are developed by Bangkokland Plc. in the next 3-6 years term. These 6 assets provide long term strategic to the REIT and also come with high potential to be acquired into IMPACT Growth REIT
3-6 Year Term
2
3
1
4
5
Pullman
Hotel
6
Page 31
Marina
•2 Pontoons
•36 Yacht Ships
•Equipped with water and power supply
•One 8m wide boat ramp
•Completion in May 2016
•Water Front dining + Boat ShowRoom and Shopping will be later developed surrounded the lake
Future Investment in Muang Thong Thani
1
Page 32
IBIS Hotel
•Budget hotel with 600 rooms, near IMPACT Exhibition Center
•Target for government sector which have hotel budget under THB 1,000/ night
•Completion in the 1st Quarter 2017
Future Investment in Muang Thong Thani
2
Page 33
Link Bridge & 4 Storey Building
•Air Conditioned bridge linking Challenger Halls with IEC Halls and Arena
•4 Storey building 7,630 m2 (net area) of Food and Beverage facilities with a multipurpose hall on level 4
•Completion in 1st Quarter 2017
Future Investment in Muang Thong Thani
3
Page 34
Cosmo Office Park
•58,321 sq.m. prime office spaces
•Average Rental Rate at THB 450 / sq.m. Rental Rate adjusted 15% every 3 year
•Completion in the 1st Quarter 2017
Future Investment in Muang Thong Thani
4
Page 35
Water Park
•Approximately 100,000 sq.m.
• The largest in Southeast Asia
•Beauty Setting on the Lake and Floating stage with 3,000 seat amphitheater for MICE activity and corporate assembly.
•Making the IMPACT Exhibition and Convention Center the one stop MICE destination
Future Investment in Muang Thong Thani
5
Page 36
Pullman Hotel
• 5-star hotel
• 300 Luxury rooms, located on the lake-shore
• Completion in the1st quarter 2018
Future Investment in Muang Thong Thani
6
Page 37
Q&A