Office Properties

Date as of December 31, 2020

Office Building Yesr of Operation Development4 Land Ownership5 Leasable Area (sq.m.) Occupancy Rate (%) No. of Tenants
1. Ladprao December 1982 G L (2028) 16,171 91 71
2. Pinklao Tower A1 March 1995 G L (2027) 22,762 83 52
3. Bangna December 20013 A F 10,007 91 26
4. Central World Offices2 November 20043 A L (2040) 84,356 75 69
5. Pinklao Tower B1 March 2006 G L (2027) 11,627 95 53
6. Chaengwattana March 2009 G F 19,942 92 36
7. Rama 9 December 2011 G L (2040) 7,378 93 31
8. The Ninth Towers Grand Rama 96 September 20183 A F 64,862 77 73
9. Unilever House Grand Rama 96 September 20183 A F 21,922 93 1
10. G Tower Grand Rama 9 September 20183 A L (2050) 73,554 98 31
Total 332,581 90 443
Remarks:
1 Assets leased from Central Pattana to CPNREIT with the lease terms ending in December 2037.
2 97% of Central World Offices were subleased to CPNCG from September 2012 to September 2032 (part 1) and from December 2012 to December 2032 (part 2).
3 Year of acquisition
4 Development (A = Acquisition), (G = Greenfield)
5 Land Ownership (F = Freehold), (L = Leasehold)
6 GLANDRT had transfered leasehold right to CPNREIT, and termination of GLANDRT in March 2019 as following details:
  • 87% leaseable area of The Ninth Towers Grand Rama 9, ending in April 2047
  • 85% leaseable area of Unilever House Grand Rama 9, ending in November 2034