Central Rama III

Details of Central Rama 3 Project

Characteristic of Investment

1. Leasehold right over the land with the total area of 12-2-44.6 rais.
2. Leasehold rights over immovable properties, these comprise building areas (partial), and all parking areas. For approximately 30 years, (the agreement expiring on 15 August 2035). CPNREIT is entitled to renew the lease agreement for another 2 times, for a period of 30 years each as CPNRF (which was converted into CPNREIT) has paid single and full amount of rental fee and deposit pursuant to the condition of the lease agreement).
3. Leasehold rights over utilities systems which are related to the project.
4. Ownership of movable assets which are related to the project.

Property Manager

Central Pattana

Date of Transfer from CPNRF

1 December 2017

Building Area

Gross Floor Area (include parking area) approximately

sq.m.

Gross Leasable Area approximately 36,028 sq.m.

Transfer Value from CPNRF

THB million

Location Advantage

Located in one of the best locations of Sathupradit Road which is a continuous area in the heart of Bangkok (Sathorn and Silom). The area is known as one of the main residential and business areas of Bangkok.