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Central Rama II

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General Information of Asset

Central Rama 2 Project was completely developed and has been operating since December 2002. Central Rama 2 is located on Rama 2 Road, one of the most important roads in term of economics. It is the main road for transportation towards Southern region of Thailand and it is surrounded by large residential communities and numbers of industrial factories in the Western and Southern parts of Bangkok with developed transportation and communication network. The Project is located at No. 160 Rama 2 Road, Samae Dam Sub-district Bang Khun Thian District, Bangkok.

Details of Central Rama 2 Project

Characteristic of Investment in Central Rama 2 (the agreement expiring on 15 August 2025)

  1. Sub-leasehold rights over the land with the total land area of 53-2-38.4 rais.
  2. Leasehold rights over immovable properties (partial) including parking areas (partial)
  3. Leasehold rights over utilities systems which are related to the project.
    For approximately 20 years, (thie agreement expiring on 15 Audust 2025).
  4. Ownership of movable assets which are related to the project.

Characteristic of Investment in Central Rama 2 (Renewal Period)

  1. Leasehold rights (excluding Land) over immovable properties for approximately 30 years from Central Pattana Rama 2, the agreement start from 16 August 2025 to 15 August 2055. These comprise building areas, common areas, and parking areas which are related to the project. The investment area is approximately 264,530 square meters.
  2. Leasehold rights over utilities systems which are related to the project for approximately 30 years from Central Pattana Rama 2 since 16 August 2025 to 15 August 2055, which will comprise the electrical system, utilities system, telephone system, elevators, escalators, air conditioning system, engineering works system, wastewater treatment system, and various facilities that have been installed and used in the building and structures of the project which will be invested in by CPNREIT.
At present, CPNREIT is the owner of movable assets of Central Rama 2 Project, therefore, there will be no additional investment in these assets.
Property Manager
Central Pattana
Building Area
Gross Floor Area (include parking area) approximately 286,580 sq.m.
Gross Leasable Area approximately 88,832 sq.m.
Date of Transfer from CPNRF
1 December 2017
Transfer Value from CPNRF
THB 7,186 million