Central Chiangmai Airport

Details of Central Chiangmai Airport Project

Characteristic of Investment

1. Leasehold right over the land where the shopping mall building is located. Multi-purpose buildings, indoor car parking, including roads around the project and entrance (partial) of Central Chiang Mai Airport project with the total area of 32-3-56.85 rais.
2. Leasehold rights over immovable properties, these comprise one shopping mall building areas (partial), one multipurpose hall, as well as parking areas which are related to the project. (proportional to the use of shopping mall area and multi-purpose building invested by CPNREIT).
3. Leasehold rights over utilities systems which are related to the Project Invested by CPNREIT.
   For approximately 30 years. (the agreement expiring on 22 April 2044).
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 36,829 sq.m.

Transfer Value from CPNRF

THB million

Location Advantage

Central Chiangmai Airport Project is the one of the largest shopping mall in Chiangmai and the upper northern region. Furthermore, the shopping mall is located closely to Chiang Mai International Airport.