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:
- 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.
- Rental rate base on the average area that can actually be opened of service.
- 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:
- Retail & Anchor agreements
- Percentage of total rental space in 4Q 2023
Lease Profile
Type of Rental
Lease Term
Remark:
- Retail & Anchor agreements
- Percentage of total rental space as of Dec 31st , 2023
- 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:
- Retail & Anchor agreements
- Percentage of total rental space as of Dec 31st , 2023