PROSPECT REIT Launches First Monthly Dividend Payout at 0.0710 Baht per Unit, Payment Date Set for July 15
Prospect REIT Management Co., Ltd., the manager of the Prospect Logistics and Industrial Real Estate Investment Trust, or “PROSPECT REIT,” has announced a dividend payout based on the operational results for April 2026, covering the period from April 1 to April 30, 2026, at a rate of 0.0710 Baht per trust unit. This marks the first monthly dividend payout for PROSPECT REIT following the policy change from quarterly to monthly distributions. The XD sign will be set on June 30, 2026, with the record date for eligible unitholders on July 1, 2026, and the payment will be made on July 15, 2026.
This monthly dividend reflects the role of being an Industrial REIT in the first group of factories and warehouses for rent, elevating the dividend payout to a monthly format, which aligns with the continuous and stable income generation potential from the trust's assets that are foundational to the industrial sector. It also enhances liquidity and increases the consistency of cash flow for unitholders.
Ms. Aranong Chaitong, CEO of Prospect REIT Management Co., Ltd., as the trust manager, stated, “The shift to monthly dividend payouts reinforces the trust's commitment to strategically and effectively manage PROSPECT REIT across all dimensions. Over the past five years, the trust has maintained a consistent quarterly payout history, with the first quarter of 2026 distributing 0.2175 Baht per trust unit. This upgrade to monthly distributions not only reflects the potential for continuous and stable income generation from the trust's assets but also enhances liquidity and cash flow consistency, allowing unitholders to manage their investments more conveniently while pursuing sustainable long-term growth.”
Despite ongoing global economic uncertainties, Thailand's industrial and logistics sectors continue to receive support from both domestic and foreign investments, the expansion of the manufacturing sector, and the growth of the supply chain. Currently, PROSPECT REIT has a portfolio of high-quality factory and warehouse rental projects, totaling five projects with 407 units and a total rental area of 564,758 square meters. All projects are strategically located in the industrial and logistics area along Bangna-Trad Road in Samut Prakan, conveniently connected to major transportation systems, including expressways, ports, and airports. Additionally, 55% of the area is within a Free Zone, providing tax benefits to operators, resulting in consistently high rental demand. In the first quarter of 2026, the occupancy rate was maintained at 96.52%, a key factor in generating stable income for the trust.
Regarding the progress of the third capital increase to invest further in the Bangkok Free Trade Zone 4 (BFTZ 4) in Bang Pakong, Chachoengsao, with a rental area of 187,949 square meters and an investment value not exceeding 5.04 billion Baht, the trust manager is currently assessing the situation comprehensively. Preparations are underway to offer trust units, with expectations to complete the capital increase and invest in the asset within the third quarter of 2026. Following this additional investment, the total asset value will grow from the current 10.064 billion Baht to 15 billion Baht, and the average leasehold term will increase from approximately 15 years to around 28 years. Furthermore, PROSPECT REIT also manages freehold assets, and the combination of both asset types will enhance the stability of long-term dividend payouts while expanding and diversifying the locations of core assets across strategic points such as Bangna-Trad Road, Samut Prakan, and the Eastern Economic Corridor (EEC), with Prospect Development Co., Ltd. (PD) as a strong main sponsor.