Future Park Leasehold Property Fund

TH

Operation

Area & Occupancy rate

Leasable Area (Sq.m.)1 Occupancy rate (%)2
Q4-2023 Q4-2022 Q3-2023
Anchor & Retail Shop 56,996.71 96 98 96

Remark:

  1. Leasable Area (Sq.m.) is calculated at 31 December 2023. Change from the area that returned from Rangsit Plaza and registered to Deportment of Lands as of Apr 30th 2019 equal to 56,822.26 sqm because change sale area.
  2. Rental rate base on the average area that can actually be opened of service.
  3. Occupancy rate in average Q4/23 = 96.0%, Q4/22 =97.6%, Q3/23=96.2%

Traffic Performance Q3 2023

In the Fourth quarter of 2023, the number of customer visiting Future Park was at an average of 140,000 customers per day, Increasing +1.45% YoY and -2.10% QoQ.

Renewals and New Leases

Renewals and New Leases1 Increase /(Decrease)
in Rental Rates
FUTUREPF Portfolio No. of Leases Area (sq.m.) % of Total area
Q4-2023 166 9,547.48 16.75%2 2.05%
FY-2023 475 31,952.79 56.15%2 -0.42%

Remark:

  1. Retail & Anchor agreements
  2. Percentage of total rental space in 4Q 2023

Lease Profile

Type of Rental

Lease Term

Remark:

  1. Retail & Anchor agreements
  2. Percentage of total rental space as of Dec 31st , 2023
  3. The Contract Structure has been changed in Q1/2023 due to leasing agreement (Rental conditions for main tenant has changed ) which caused the GP ratio increase from 13% to 22%

Lease Expiry Profile

Remark:

  1. Retail & Anchor agreements
  2. Percentage of total rental space as of Dec 31st , 2023