Property Managers

The REIT Manager has appointed the property managers to procure benefits from the investment properties, details of which are as follows:
Property Manager
Properties
1. Central Pattana Public Company Limited
Shopping malls: 7 projects namely
  • Central Rama 2
  • Central Rama 3
  • Central Pinklao
  • Central Chiangmai Airport
  • Central Pattaya
  • Central Lampang
  • Central Marina
Office buildings: 2 buildings namely
  • Pinklao Tower A
  • Pinklao Tower B
2. Grand Canal Land Public Company Limited
The Ninth Towers Office Building
3. Sterling Equity Company Limited
Unilever House Office Building
CPNREIT has invested in the core property in Hilton Pattaya Hotel by sub-leasing the whole property to CPN Pattaya Hotel Company Limited for benefit procurement, whereby Hilton Group has been appointed as the Hotel Operator.

Roles and Responsibilities of Property Manager

1
To be compensated from CPNREIT for acting as a property manager according to the appointment agreement between CPNREIT and the property manager;
2
To maintain and manage CPNREIT properties day-to-day operation to be in good condition and always primed for benefit procurement;
3
To collect revenues and procure benefits from properties and other related assets;
4
To comply with agreements or other duties as specified in the property manager appointment agreement;
5
To perform other duties as stipulated by the SEC, the Capital Market Supervisory Board or the Office of the SEC to be duties of the property manager or other duties that the REIT management company assigned.

Information of Property Managers

Central Pattana Public Company Limited or CENTRALPATTANA

CENTRALPATTANA has evolved into Thailand's largest and most sophisticated developer of retail property. Currently the Company owns and manages 37 premium shopping centers, 7 office buildings, 3 Hotels and 4 residential buildings. With a total leasable area (NLA) exceeding 1.7 million sq.m., CENTRALPATTANA is undoubtedly the industry leader surpassing its closest competitor by more than double in size.
CENTRALPATTANA’s long-term strategy envisages the development of its trademark shopping centers in well-identified locations offering high potential both in Bangkok and in major cities throughout Thailand. Its next challenge is to move overseas, exporting its retail property expertise to neighboring countries through the development of innovative World class shopping centers in strategic markets.
Currently, CENTRALPATTANA is a developer and manager of large-scale shopping mall and related business including office, hotel, and residential project. The Company also do collaboration and co-creation with potential partners to deliver novelties to our clients. Moreover, Company invests in CPN Commercial Growth Leasehold Property Fund (CPNCG) and CPN Retail Growth Leasehold REIT (CPNREIT),and is the Property Manager and the REIT Manager.
For more information: https://www.centralpattana.co.th/th/about-us/company-profile

Grand Canal Land Public Company Limited or GLAND

Grand Canal Land Public Company Limited (“GLAND”), formerly known as Media of Medias Public Company Limited (“Medias”), was incorporated on 22 April 1985. GLAND was listed on the Stock Exchange of Thailand under the media and publication business category since 8 February 1996, carrying on television program production business and commercial spot sales in television programs. On 21 January 2010, GLAND moved to the property development category and changed the company name to Grand Canal Land Public Company Limited on 6 May 2010. Later in 2018, CPN Pattana Company Limited, a subsidiary company of Central Pattana Public Company Limited acquired 67.5% shares in GLAND.
Currently, GLAND operates the property development business, including the residential project in the type of detached house, residential condominium, and commercial building in the type of office building and retail space for sale or rent, also provides the project management service.

Sterling Equity Company Limited or Sterling

Sterling Equity Company Limited was established in 1996. GLAND holds 100% of shares of Sterling. At present, Sterling has operated the property development business in the forms of office building and retail space.
For more information: http://www.grandcanalland.com/about.php

Central Pattana Public Company Limited

Name of the Property Manager
Central Pattana Public Company Limited
Head Office Address
999/9 The Offices at CentralWorld, Rama I Road, Patumwan Sub-District, Patumwan District, Bangkok
Company Registration Number
0107537002443
Registration Date
19 July 1994
Registered Capital
Registered Capital of THB 2,244,000,000 Issued of 4,488,000,000 shares and PAR value of THB 0.50per unit
Telephone
0-2667-5555
Facsimile
0-2664-5593
Website
www.centralpattana.co.th

Grand Canal Land Public Company Limited

Name of the Property Manager Grand Canal Land Public Company Limited
Head Office Address
33/4, Rama 9 Road, Huay Kwang Sub District, Huay Kwang District Bangkok 10310
Company Registration Number
0107538000118
Registration Date
3 March 1995
Registered Capital
Registered Capital of THB 6,535,484,202 Paid-Up Capital of THB 6,499,829,661 Issued of 6,499,829,661 shares and PAR value of THB 1.00per unit
Telephone
0-2246-2323
Facsimile
0-2247-1082
Website
www.grandcanalland.com

Sterling Equity Company Limited

Name of the Property Manager
Sterling Equity Company Limited
Head Office Address
33/4, Rama 9 Road, Huay Kwang Sub District, Huay Kwang District Bangkok 10310
Company Registration Number
0105539047078
Registration Date
22 April 1996
Registered Capital
Paid-up Capital of THB 1,800,000,000 Issued of 18,000,000 shares and PAR value of THB 1.00per unit
Telephone
0-2354-2301-4
Facsimile
0-2354-2300