WHA Industrial Leasehold Real Estate Investment Trust (WHAIR) has received the "Outstanding REIT Performance" during the SET Awards 2022. This distinction reflects its outstanding business performance and sustainable growth, overcoming the economic and industrial situation during the Covid-19 crisis, along with good corporate governance and its excellent compliance with the rules and regulations of the Stock Exchange of Thailand.
Ms. Jarucha Satimanont, Managing Director of WHA Industrial REIT Management Co., Ltd., as the REIT Manager of WHA Industrial Leasehold Real Estate Investment Trust, declared that this is an important year for WHAIR as it has been awarded the "Outstanding REIT Performance" at the SET Awards 2022 organized by The Stock Exchange of Thailand (SET). This award reflects WHAIR's outstanding performance and sustainable growth despite the economic and industrial conditions during the COVID-19 pandemic, along with good corporate governance, and its ability to excellently comply with the rules of the Stock Exchange of Thailand.
This year, WHAIR plans to make its 4th additional investment in leasehold rights of land, factory buildings, and warehouses worth not over THB 1,345.89 million in the areas of the Eastern Economic Corridor (Chonburi and Rayong) and Hi-Tech Kabin Industrial Estate (Prachinburi), considered strategic locations and among the country's most important business centers for rental factories and warehouses. The 3rd offering of WHAIR units is expected to be completed by the end of this year. Following this investment, WHAIR's total assets will be worth over THB 13,000 million. WHAIR is considered another investment option with good potential returns in the EEC and positive prospects for steady growth in the future.