Key Operating Indicators
As of May 17, 2021
Net Leasable Area
Average Rental Rate
Rental Reversion Rate
Weighted Average Lease Expiry
Portfolio Performance(Million Baht)
Average rental rate (Baht/sqm)
During the economic downturn, focus on tenant retention and adding high-quality tenant brands.
Occupancy rate increased to
at end of quarter.
Average rental rate still face pressure from lingering discounts during re-normalization.
Leasing Performance(Million Baht)
Rental reversion rate
106 total renewed and new leases in 1Q21 for a total of
Tenant prioritization applied since 1Q21 resulted in an improved retention rate to
While rental reversion improved from
0.1% to 4.9%
in 1Q21 as economic normalization takes effect