CPNREIT divulges blueprint to add assets worth B56bnCentralPlaza Rama 2 is a likely investment target of CPNREIT next year. CPN Retail Growth Leasehold REIT (CPNREIT) plans to invest in additional assets worth a combined 55.99 billion baht next year. Group 1 assets worth 48.56 billion baht are made up of assets from Central Pattana Plc and its subsidiaries, while Group 2 assets worth 7.43 billion stem from GLAND Office Leasehold REIT (GLANDRT). The four projects in Group 1 comprise CentralMarina, CentralPlaza Lampang, CentralPlaza Suratthani and CentralPlaza Ubonratchathani. Investments in Group 1 assets, wholly or partially, are expected to be made by next year's first quarter.

Source: Bangkok Post November 26, 2019 20:48 UTC