Origin Property has announced the successful sale of its new bond series 1/2569, achieving its target with investors subscribing to the full amount of 1.35 billion baht, reaffirming confidence in the business.

Mr. Pirapong Jaroonaek, CEO of Origin Property Public Company Limited (ORI), a comprehensive real estate development company, revealed that the company is operating according to its established roadmap. The recurring income business group, including hotel services and warehouse operations, aims to generate continuous revenue. In the fourth quarter of 2568, the warehouse business group under Alpha Industrial Solutions Co., Ltd. (ALPHA) sold a warehouse located at Km. 22, covering an area of 21,660 square meters, to a real estate investment trust (REIT), resulting in a net cash inflow of 125 million baht. Additionally, the company sold two plots of developable land in the Ram Inthra and Bang Phli areas, generating over 260 million baht in extra cash.

In the hotel business operated under Origin Hotel Public Company Limited (ORIGIN HOTEL), in 2568, the company closed deals to sell stakes in two major hotels: the InterContinental Bangkok Sukhumvit, selling its 51% stake to Ci:z Technologies, a subsidiary of Japan's Ci:z Holdings Co., Ltd., resulting in over 800 million baht in extra cash, and the Staybridge Suites Bangkok Thonglor to “Tanbun,” a private company owned by Tan Paskornnatee, bringing in an additional 500 million baht in extra cash.

For the condominium projects under Origin Vertical Corporation Limited (ORIGIN VERTICAL), there is a backlog ready for transfer to customers in 2569, with a total value exceeding 16 billion baht, accounting for 70% of the total project value from seven projects developed under the concept of “Creative Living for All.” Recently, the company announced the success of its bond offering for series 1/2569, which took place from February 10-12, 2569, with strong investor response and demand exceeding the full amount of 1.35 billion baht for two series: Series 1, a bond with a maturity of 1 year and 3 months at an interest rate of 5.00%, and Series 2, a bond with a maturity of 2 years and 6 months at an interest rate of 5.35%, with interest paid every three months.

The company expresses its gratitude to all bondholders for their trust and continuous support, which is a crucial foundation for driving sustainable business growth.