Key Operating Indicators

As of June 30, 2022

Net Leasable Area
160,283 sqm.
Occupancy Rate
93.20%
Average Rental Rate
531 baht/sqm.
Rental Reversion Rate
0.46%
Retention Rate
97.10%
Weighted Average Lease Expiry
3.10 yrs

Portfolio Performance

Average rental rate
(Baht/sqm.)
In Q2 2022, the net leasable area of ALLY REIT is approximately 160,256 square meters, increasing from that of Q1 of 2022 and Q2 of 2021, due to the ALLY REIT's additional investment in The Crystal Chaiyapruek Project in Q4 of 2021 and the additional investment in the Prime Hua Lamphong project in Q1 of 2022 . As a result of in ALLY REIT has the average occupancy rate in every project of 93.2% as of Q2 of 2022, which increases from that of QoQ and YOY by 0.5 and 0.1% with the average rental rate of every project of 531 THB/sq.m/month., which decreases from the previous quarter by 0.3 and increase YOY in 2021 by 2.7%. However, compared with 12 shopping center projects, excluding office buildings, the REIT has an average occupancy rate of 93.8%, increasing from the previous quarter and the same period last year for 0.5% and 0.6%, and the average rental rate is 533 THB/sq.m/month which decreases from the previous quarter by 0.3% but increase from previous year by 3.2%.

Leasing Performance

Retention rate
Rental reversion rate
The ALLY REIT's average rent increase rate is at 0.46%, which increases from that of the previous quarter and the previous year by 3.8% and 0.6 respectively with the average lease term of 3.10 years. In any case, the Synergy Made Growth strategy, which ALLY REIT has been continuously implementing, has contributed to the extension of the lease agreement by 97.1% which increases from that of the previous quarter and YOY basis of the previous year by 1.9% and 17.1% respectively.