Central Pattaya

Details of Central Pattaya Project

Characteristic of Investment

1. Leasehold/subleasehold rights over the immovable properties comprising: building areas (partial), and parking areas (partial), which are related to the project. Nonetheless, the leased properties are exclusive of areas of which 1) CPN Pattaya Co., Ltd. (“CPN Pattaya”) leased out to tenants who have made rental payments on a long-term basis, and under renovation, and 2) relevant parking areas in respect of CPN Pattaya rights
2. Leasehold rights over utilities systems which are related to the project. These will comprise 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.
   For approximately 20 years. (the agreement expiring on 31 August 2037).
3. Ownership of movable assets which are related to the project, which will comprise 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 the exterior or in the interior of the areas of the building and structures of the Project, or on the surface of 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.

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 29,388 sq.m.

Transfer Value from CPNRF

THB million

Location Advantage

The project is located near the largest coastline in Southeast Asia. Hilton Pattaya Hotel , a 5-star hotel, is located within the same project as the shopping center.