In-Depth Look at the Siri Campus Project, Headquarters of Sansiri and T77 Kingdom: A Unique Opportunity to Invest in SiriHub Token, Thailand's First Real Estate-Backed ICO, Offering Revenue Shares of 4.5% and 8%

Investing in real estate is one of the most appealing options for investors due to its stability and growth potential, as well as the tangible collateral it provides. This type of investment remains popular, but choosing the right real estate project requires consideration of many factors, including location, accessibility, amenities, and future land price trends. Naturally, high-potential projects come with a high price tag, requiring substantial investment to share in the attractive returns and wealth these projects can generate. How often can we access billion-baht real estate investments with an initial investment of just 10 baht?

Recently, the hot topic in the real estate investment sector is the launch of the digital token for investment, “SiriHub,” the first digital token backed by real estate offered to the public and general investors in Thailand (Real Estate-Backed ICO). This initiative is led by XSpring Digital Co., Ltd., which provides the digital token offering system (ICO Portal) approved by the Securities and Exchange Commission (SEC).

“SiriHub” is a digital investment token that generates revenue from rental income and asset sales from the office building group “Siri Campus,” the headquarters of Sansiri Public Company Limited, which serves as the underlying asset. The issuer has converted this asset into investment units, known as digital tokens (Tokenization), for fundraising. Where does the revenue from the “Siri Campus” office building come from, and what makes it a valuable investment asset?

Why was “Siri Campus” chosen to be tokenized into “SiriHub Token”?
“Siri Campus” is a group of office buildings for which Sansiri Public Company Limited has signed a long-term lease for 12 years to serve as its headquarters. Sansiri has been rated BBB+ by Tris Rating, reflecting its capability as one of Thailand's leading real estate developers and its strong market position in the reliable real estate business.

Siri Campus is a new type of office building covering over 7 rai within the T77 Kingdom in Sukhumvit, a prime location known as the new CBD of Bangkok. Siri Campus consists of four 6-story office buildings and one 7-story commercial office building with parking, totaling 19,602 square meters of rental space, with an investment budget exceeding 1 billion baht. Sansiri has signed a Bare Shell lease for 100% of the space, aiming to create a central hub for the new generation of workers, breaking the traditional office work model by integrating workspaces and lifestyle in one location.

With various facilities that cater to new work trends through two concepts: New Way of Work and New Way of Life, such as co-working spaces under the Work Anywhere Anytime concept, it sparks creativity while integrating Smart Work Technology, including face scans for employee safety, self-check-in for visitors, smart lockers for immediate availability checks, and smart meeting room booking innovations. Additionally, there are dining spaces, green areas, fitness studios, gyms, cafes, and more, designed not only to facilitate work but also to enhance a complete lifestyle, making it a dream workplace for the new generation that inspires creativity and provides a relaxing atmosphere.

Moreover, “Siri Campus” focuses on creating a positive work environment for employees. It is one of only two buildings in Thailand that has been assessed for Fitwel standards by the Center for Active Design (CfAD) in the United States, achieving the highest Fitwel Certificate rating of 3 stars.

Potential Location for Billion-Baht Real Estate
The key feature of investing in real estate is location and future potential. The standout aspect of Siri Campus is its project location within the “T77 Community”, a model urban community for living in Bangkok, covering over 50 rai in Sukhumvit, with convenient transportation, close to expressways and BTS On Nut, and equipped with amenities that complete a perfect lifestyle.

In addition to the “Siri Campus” office buildings within the “T77 Community,” there are over 9 condominium and residential projects valued at over 15 billion baht, all of which are sold out 100%, with high rental demand throughout the year. The average price of condominiums in the T77 project has increased by 4% per year, making T77 a hub for living that is suitable for investors at all levels.

Furthermore, T77 offers a complete and convenient lifestyle, featuring a new concept community retail center called “Habito”, which includes famous restaurants, cafes, and co-working spaces available all day, as well as a dental hospital and Bangkok Prep International School, one of Thailand's leading international schools with the largest campus, creating a community filled with expatriates living and working long-term in Thailand, fostering an international society rich in the exchange of lifestyle ideas, business, and various opportunities.

T77 is also moving towards becoming Bangkok's first “green community” by utilizing innovative public utilities for residential purposes, such as Solar Cells with Blockchain-based Technology to create clean energy (Green Energy), along with Sansiri Backyard, an organic farm project covering over 20 rai, aimed at establishing a potential living center for the development of a model city of the future. Additionally, there is the “Saan Samran Bridge,” a new landmark that has become a social media sensation, likened to being abroad.

Positive Analysis of Project Value and Future Land Prices
Market value analysis of both land and buildings of “Siri Campus” by two appraisers approved by the SEC estimates the market value of this project at over 2.4 billion baht, with projections that in the next four years, the market value could reach 2.6 billion baht. This aligns with the land price analysis report from the Thai Real Estate Research and Valuation Center, summarizing the changes in land prices along the BTS On Nut station, which is near the project. In 2021, the price was 1.1 million baht per square wah, with an average annual land price increase rate (CAGR) from 2015 to 2021 of about 10% per year, indicating that the project’s location has good potential and a relatively high growth opportunity.

Given the potential of the Siri Campus project, it is clear that Siri Campus is a quality real estate asset, leading to the concept of Tokenization, converting the potential revenue from Siri Campus into smaller investment units in the form of digital tokens and offering them to the public, allowing the issuer of the digital tokens to share the income from managing that real estate with digital token holders.

Invest in Billion-Baht Real Estate with a Minimum of Just 10 Baht and Returns Exceeding Deposit Rates
Importantly, the tokens being offered are regulated by the SEC, available at just 10 baht per token, with a minimum subscription price set at only 10 baht. This means that the public and investors at all levels have the opportunity to invest in this digital token and are entitled to receive revenue shares from this billion-baht real estate project with high potential. Investors can choose to invest according to their interests in two options: SiriHub A (SiriHubA) with 160 million tokens and SiriHub B (SiriHubB) with 80 million tokens. SiriHub A will provide quarterly revenue shares of up to 4.5% per annum, while SiriHub B will offer quarterly revenue shares of up to 8% per annum, which is higher than current deposit interest rates. These returns will be transferred to investors' accounts every quarter throughout the 4-year project duration. The purchased tokens can also be traded in the secondary market for profit. Additionally, at the end of the 4-year project, Siri Campus will be auctioned off, and investors will receive the final revenue share when this property is sold, according to the conditions specified in the prospectus. Interested parties can find more details on the SEC website.

With secure and modern blockchain technology regulated by the SEC, XSpring Digital allows all groups of investors to access this first Real Estate-Backed ICO in Thailand 24/7. Investors can subscribe to “SiriHub Digital Investment Tokens” from now until October 4, 2021, with a limited offering of only 240 million tokens through the “XSpring” application on smartphones, available on both Android and iOS, every day, 24/7. Step confidently into the future of real estate investment in the digital age, creating valuable and stable returns.

This marks a significant change in the Thai real estate sector, opening up opportunities for investors to access billion-baht real estate projects with just 10 baht, while real estate operators can tap into a new fundraising model that will become a future trend.

[1] The stated revenue share ratio does not guarantee quarterly revenue shares to digital token holders and is calculated before withholding tax. In cases where the digital token holder is an individual or a foreign legal entity, a withholding tax of 15% will be deducted from the assessable income according to the Revenue Code, Section 40 (4)(ซ), on profit shares or similar benefits derived from holding or possessing digital tokens.

For those interested, you can follow news in the digital asset and digital token sector at Tel. 02-038-5999
Website of XSpring Digital Co., Ltd. www.xspringdigital.com
Facebook https://www.facebook.com/XSpringDigital

Warning: Before making an investment decision, investors should study the information in the prospectus to understand the nature of the product, return conditions, and associated risks.
The prospectus can be downloaded from the SEC website https://market.sec.or.th/public/ipos/IPOSTD01.aspx?TransID=319985
Note: If you have questions about registration and using the XSpring application, you can watch the instructional video at https://youtu.be/bPSTTUTDgxI

About XSpring Digital
XSpring Digital Co., Ltd., formerly known as SE Digital Co., Ltd., was established in 2018 as a subsidiary of XSpring Capital Public Company Limited. It is a leading financial consulting firm in the Asia-Pacific region specializing in asset tokenization. The company is committed to providing investment access opportunities in