ALLY expands portfolio with new capital and projects

Matichon•Economy•22m ago

Reader Briefing

ALLY REIT Management will offer up to 151.5 million additional trust units to fund the expansion of its portfolio to 18 projects.

•ALLY will raise up to 757.5 million baht through trust units offered from September 28 to October 2, 2026.
•The expansion includes three new projects: Charn At The Avenue, Saimai Avenue, and The Zone Town in Town.
•ALLY aims for total assets of 20,000 million baht and a portfolio of 25 projects within 5 years.
•The new investments are valued at 1,495.8 million baht, which is over 12% below the lowest independent appraisal value.

Overview

•ALLY will offer up to 151.5 million additional trust units at a maximum price of 5.00 baht per unit.
•The subscription period for the trust units is scheduled for September 28 to October 2, 2026.
•The addition of three new projects will expand the ALLY portfolio to 18 projects with total assets of 15,151 million baht.
•ALLY projects a first-year yield of 9.6-10.7 percent, with a policy to pay benefits exceeding 90 percent of adjusted net profit.
•Kawin Iamsakulrat noted that retail rental spaces in Bangkok and surrounding areas are gradually recovering.
•ALLY intends to modernize projects into direct ALLY branded Lifestyle Community Malls, starting with The Scene Town in Town.
•ALLY manages rental rates for SMEs at an average of 580-600 baht per square meter.
•ALLY is exploring expansion into provincial cities such as Chiang Mai and southern tourist destinations.

Full article content is available on the original source.

Read on Matichon (Thai Version)View in Google Translate

Source: Matichon (Original)

Key Quotes

Kawin Iamsakulrat

"Community malls in Thailand will continue to expand; ALLY aims for more major provincial cities, including Chiang Mai and tourist destinations in the South."

คอมมูนิตี้มอลล์ในไทยจะยังขยายตัวได้อีก อัลไล เล็งไปหัวเมืองต่างจังหวัดมากขึ้น ทั้งเชียงใหม่ และแหล่งเที่ยวในภาคใต้

Key Entities

Person

Kawin Iamsakulrat(กวินทร์ เอี่ยมสกุลรัตน์)

Chief Executive Officer of ALLY REIT Management Co., Ltd. and manager of ALLY trust.

Organization

ALLY REIT Management Co., Ltd.(บริษัท อัลไล รีท แมนเนจเมนท์ จำกัด)

The management company for the ALLY trust.

ALLY(อัลไล)

A trust focused on lifestyle community mall assets.

Stock Exchange of Thailand(ตลาดหลักทรัพย์แห่งประเทศไทย)ℹ️

The entity whose website will be used to announce the final offering price.

Place

Charn At The Avenue(ชาน แอท ดิ อเวนิว)

A project located on Chaengwattana Road near MRT Pink Line station Chaengwattana 14.

Saimai Avenue(สายไหม อเวนิว)

A project located in the Saimai area featuring popular food and beverage outlets.

The Zone Town in Town(เดอะโซน ทาวน์อินทาวน์)

A project located on Sriwara Road near The Scene Town in Town.

The Scene Town in Town(เดอะซีน ทาวน์อินทาวน์)

A project currently managed by the trust and slated for modernization into a Lifestyle Community Mall.

Chiang Mai(เชียงใหม่)ℹ️

A provincial city that ALLY is targeting for expansion.