Unilever House

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General Information of Asset

Unilever House Office Building was completely developed, and has been operating since December 2014. The project comprises a 12-storey building with 1-level basement for lease of offices and retail shops together with parking areas from 3rd to 6th Floor with parking capacity of approximately 409 cars. Unilever House Office Building Project is part of the Grand Rama 9 Project which is developed by GLAND Group to be a new central business district on the area located at the corner of Rama 9 Road and Ratchadaphisek Road intersection.

Details of Unilever House Office Building Project

Characteristic of Investment

  1. Leasehold rights over immovable properties which comprise office building areas for lease (Partial) and common areas, and parking areas relating to the said areas.
  2. Leasehold rights over utilities systems
    For approximately 14 years. (The agreement expiring on 14 November 2034)
  3. Ownership of movable assets, i.e. equipment for decoration, tools, instruments, whether are permanently fixed or not, including other equipment used for the purpose of decorating or facilitating users of the building and structures of the Project, which are located on and/or fixed on or in the interior of the areas of the building and structures of the Project, or on the internal surface of the building and structures of the Project, and/or in the leased areas occupied by tenants in the building and structures of the Project, including any other rights relating to or in connection with the aforementioned properties (as the case may be), excluding the properties that are component parts of the building and structures.
  4. Rights and obligations under the related agreements to be transferred from GLANDRT, and/or directly entering into any agreements with GLAND relating to or in connection with Unilever House Office Building Project.
Property Manager
Sterling
Building Area
Gross Floor Area (include parking area) approximately 30,176 sq.m.
Gross Leasable Area approximately 18,527 sq.m.
Invesment Date
2 March 2020
Investment Value
THB 1,583 million