Prospect REIT to invest in BFTZ 4, targeting 15 billion asset value

MGR Online•Economy•1d ago

Reader Briefing

Prospect REIT prepares to invest over 5,040 million baht in the BFTZ 4 project to increase its total asset value to over 15 billion baht.

•Prospect REIT will open trust unit subscriptions from September 9-17, 69.
•The investment involves BFTZ 4 in Bang Pakong, Chachoengsao, valued at over 5,040 million baht.
•The expansion will increase total leasable area to approximately 750,000 square meters.
•The move aims to push the total portfolio value from approximately 10 billion baht to over 15 billion baht.

•Prospect REIT will open subscriptions for additional trust units from September 9-17, 69.
•Prospect REIT intends to invest in the long-term leasehold of 31 factories and warehouses (101 units) in BFTZ 4.
•BFTZ 4 in Bang Pakong has a rental rate of 96.8% as of March 31, 2026, with a total leasable area of 187,949 square meters.
•The investment will increase the average leasehold period of Prospect REIT from approximately 15 years to 28 years.
•Krungthai XSpring Securities states the investment value will not exceed 5,040 million baht, consisting of up to 450 million trust units and loans up to 2,000 million baht.
•The industrial trend is supported by global production base relocation, with BOI investment requests growing 37% in the first half of 2026.
•The filing for the offering of trust units has been approved by the SEC and is now effective.
•The maximum offering price of not more than 10.50 baht per unit will be announced via the Stock Exchange website by September 4, 2026.

Full article content is available on the original source.

Prospect REIT(พรอสเพค รีท)

A real estate investment trust expanding its portfolio into the EEC.

Prospect Development Co., Ltd.(บริษัท พรอสเพค ดีเวลลอปเมนท์ จำกัด)

The main sponsor and co-shareholder of BFTZ Bang Pakong Co., Ltd.

BFTZ Bang Pakong Co., Ltd.(บริษัท บีเอฟทีแซด บางปะกง จำกัด)

The owner of the BFTZ 4 project.

Board of Investment (BOI)(สำนักงานคณะกรรมการส่งเสริมการลงทุน (BOI))

The agency reporting a 37% growth in investment promotion requests in the first half of 2026.

Prospect REIT Management Co., Ltd.(บริษัท พรอสเพค รีท แมเนจเมนท์ จำกัด)

The manager of Prospect REIT.

Krungthai XSpring Securities Co., Ltd.(บริษัทหลักทรัพย์ กรุงไทย เอ็กซ์สปริง จำกัด)

The financial advisor and underwriter for the trust unit offering.

Siam Commercial Bank PCL(ธนาคารไทยพาณิชย์ จำกัด (มหาชน))

A distributor for the trust unit subscription.

SEC(สำนักงาน ก.ล.ต.)

The regulator that approved the filing for the trust unit offering.

Stock Exchange(ตลาดหลักทรัพย์ฯ)ℹ️

The platform where the maximum offering price will be announced.

Ratchanee Mahatdechkool(รัชนี มหัตเดชกุล)

Managing Director of Prospect Development Co., Ltd.

Onanong Chaithong(อรอนงค์ ชัยธง)

Chief Executive Officer of Prospect REIT Management Co., Ltd.

Busaraporn Chanchucherd(บุษราภรณ์ จันทร์ชูเชิด)

Deputy Managing Director of Corporate Banking at Krungthai XSpring Securities.

BFTZ 4

An industrial project in Bang Pakong, Chachoengsao, with over 80% Free Zone area.

Bang Pakong(บางปะกง)

A district in Chachoengsao province located in the EEC area.

Chachoengsao Province(จ.ฉะเชิงเทรา)ℹ️

The province where the BFTZ 4 project is located.