Prospect REIT Management Co., Ltd., the manager of the Prospect Logistics and Industrial Real Estate Investment Trust, or "PROSPECT REIT," has announced its performance for the third quarter of 2025, reporting total revenue of 266.23 million baht, an increase of 48.01%, and an operating profit of 155.38 million baht, up 57.44% from the previous quarter. This growth is attributed to full-quarter revenue recognition from the third round of new asset investments made in June, combined with the strong performance of existing properties, reinforcing stable growth as anticipated. The occupancy rate reached a new high of 98.37%, reflecting investor confidence in Thailand as a key investment hub in the ASEAN region. The properties managed by the trust are strategically located along Bangna-Trad Road in Samut Prakan, an area known for its enduring strategic significance. Additionally, the newly invested projects include high-quality warehouses and factories for lease, benefiting from tax incentives in the Free Zone, which offers One Stop Service, encouraging long-term production bases and continuous contract renewals.

The trust is set to distribute benefits for its Q3/2025 performance on December 15, 2025, at a rate of 0.2150 baht per trust unit, with the ex-dividend date (XD) marked for November 28, 2025. Over the first nine months of 2025, a total of 0.6100 baht per unit has been distributed to unitholders.

Ms. Oranong Chaitong, Chief Executive Officer of Prospect REIT Management Co., Ltd., as the trust manager, stated, "The Q3 performance met our expectations, reflecting the quality of projects with long-term return potential. In the latest quarter, the renewal rate stood at 94.82%, with over 70% of tenants operating factories, indicating a trend towards long-term leasing. Furthermore, new tenants from leading industries are showing interest in leasing space, particularly in the Free Zone, and having ready-to-use factory and warehouse buildings meets the rapid establishment needs of foreign investors. We foresee a trend of expansion among existing tenants while also broadening our network of new tenants. Meanwhile, the trust's financial management remains strong, and our investment policy in new projects effectively reduces maintenance costs. We will continue to implement investment strategies alongside careful risk management and comprehensive factor analysis."

As of Q3/2025, PROSPECT REIT manages a total of 4 projects: BFTZ 1, 2, 3, and project X44, with a total leasable area of 514,010 square meters and total asset value of 8,940.79 million baht. Approximately 60% of the area is in the Free Zone, diversifying risks across various industries, including transportation and logistics, automotive, food and beverage, consumer goods, and pharmaceuticals. The majority of tenants are Thai, Chinese, and Japanese nationals. The company aims to expand its asset value to over 10,000 million baht by 2026 and plans to invest in longer-term leasehold projects to maintain stable returns.

“Industrial REITs are another investment option that helps manage portfolio risks and generate consistent dividend returns over the long term, supported by the growth of assets alongside the industrial sector,” as evidenced by foreign direct investment (FDI) figures for the first nine months of 2025, which continue to grow, with total investments reaching 985,337 million baht, an increase of 82%, reaffirming Thailand's status as a key investment base in the region. If interest rates decrease, financial costs will also decline, which will be a significant positive factor enhancing the trust's performance, ultimately benefiting unitholders. Amidst fluctuating economic conditions, PROSPECT REIT has consistently provided good returns. We are committed to providing accurate and comprehensive information to assist investors in their decision-making and to continue fostering sustainable growth,” Ms. Oranong added.

Looking ahead, PROSPECT REIT has opportunities to invest in projects from its main sponsor, Prospect Development Co., Ltd., in three strategic locations: Bangna-Trad in Samut Prakan, Bang Pakong in Chachoengsao, and Wang Noi in Phra Nakhon Si Ayutthaya, covering over 500,000 square meters.