CPNCG Information

What is CPNCG?

CPNCG or CPN Commercial Growth Leasehold Property Fund is a property fund listed on the Stock Exchange of Thailand since 2012. It owns a grade A office tower named Central World Offices located in CBD area in Bangkok.
Central Pattana has approximately 25% holding in the fund.
  • Central Pattana is the property manager.
  • SCB Asset Management Company Limited (SCBAM) is the fund manager.
  • Property management fee - At the rate not exceeding 2% of the net rental and service income.
  • Leasing commission - 0.5 - 1.5 months based on rental rate of particular tenants and depending on leasing type and term.
  • Base fee - At the rate not exceeding 0.23% of net asset value of the fund calculated as at the last business day of each month.
  • Incentive fee - At the rate of not exceeding 2% of the net property income.
  • Purchase and sale of property - At the rate of 1.50% of the asset's acquisition value and 0.75% of asset's disposal value.
  • Development fee - At the rate of 2% of the development cost
Website: http://www.cpncg.com

Fund Manager
SCBAsset Management Company Limited
Phone : +66 (0) 2777 7777 press 0, and press 6
Fax : +66 (0) 2949 1505
Website : www.scbam.com
Email : customerservice.scbam@scb.co.th

Property Manager
Central Pattana Public Company Limited
Phone : +66 (0) 2667 5555 Ext. 1614, 1632
Fax : +66 (0) 2264 5593
Website : www.centralpattana.co.th
Email : ir@centralpattana.co.th