Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust (TPRIME)
SCCP REIT Company Limited (REIT Manager)
Kasikorn Asset Management Co., Ltd. (Trustee)
General Information for TPRIME
Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust or TPRIME is a real estate investment trust (REIT) which is established with the objectives to invest in leasehold rights over the Mercury Tower Project and acquiring at least 99.99 per cent. of shares of Exchange Tower Co.,Ltd. ("Exchange Tower Co.,Ltd.") which owns the Exchange Tower Project. SCCP REIT Company Limited ("Company" or "REIT Manager") as REIT settlor and REIT Manager was granted permission from the SEC Office to offer trust units to investors on 29 September 2016 in accordance with the letter no Kor-Lor-Tor.Jor-Cor 1778/2559 Re: Application for Permission to Issue and Offer for Sale of Trust Units to the Public. Accordingly, REIT Manager issued and offered a total of 547,500,000 trust units at an offering price of THB 10 per unit to investors.
Information Memorandum
| Name of Trust (Thai) | ทรัสต์เพื่อการลงทุนในอสังหาริมทรัพย์และสิทธิการเช่าไทยแลนด์ ไพร์ม พร็อพเพอร์ตี้ |
| Name of Trust (English) | Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust |
| Abbreviation | TPRIME |
| REIT Manager | SCCP REIT Company Limited |
| Property Manager | REIT Manager is to appoint and engage CBM Facilities & Security Management (Thailand) Co., Ltd. and Jones Lang LaSalle Management Limited which have been managing the assets as Property Manager of Exchange Tower Project and Mercury Tower Project respectively. |
| Trustee | Kasikorn Asset Management Company Limited |
| Term of REIT | Indefinite |
| Number of trust units | 547,500,000 units |
| Type of unit trust | Non-redeemable |
| Paid-up capital | 4,607,869,500 (As of 5 September 2024) |