WHAIR Trust Unit Holders Approve Additional Investment Round 6 Worth Up to 1.2346 Billion Baht to Strengthen Industrial Asset Portfolio
Ms. Jariporn Jarukornsakul, Chairperson, along with Mr. Krailak Asawachatraroj, Director, Mr. Supamit Techamontirakul, Independent Director, and Ms. Jarucha Satimanon, Managing Director of WHA Industrial REIT Management Co., Ltd., as the manager of the WHAIR trust, and senior executives of WHA Industrial Development Public Company Limited, held the annual trust unit holders' meeting for the year 2026 via electronic media (E-Meeting) at WHA Tower. The unit holders approved the WHAIR trust to invest in additional assets for the sixth time, with a value not exceeding 1.2346 billion baht, aimed at acquiring land lease rights along with factory and warehouse buildings, totaling 10 units across 6 projects from 4 companies within the WHA group. This will increase the managed rental area to 514,319 square meters, representing quality assets in strategic locations with long-term revenue potential.
Ms. Jarucha Satimanon, Managing Director of WHA Industrial REIT Management Co., Ltd., stated that the sixth additional investment has been approved by the trust unit holders, marking another significant step in expanding the investment portfolio of the WHAIR trust to enhance opportunities for stable and sustainable returns for unit holders in the long term. This investment involves land lease rights along with factory and warehouse buildings valued at up to 1.2346 billion baht, comprising 10 units across 6 projects from 4 companies, with a total area of 45,329 square meters as follows:
1. WHA Industrial Development Public Company Limited invests in the WHA Chonburi Industrial Estate 1 (WHA CIE1) project, with a total factory building area of 3,000 square meters.
2. WHA Eastern Seaboard Industrial Estate Co., Ltd. invests in the WHA Eastern Seaboard 1 (WHA ESIE 1) and WHA Eastern Seaboard 3 (WHA ESIE 3) projects, with a total factory building area of 13,617 square meters.
3. WHA Industrial Building Co., Ltd. invests in the WHA Chonburi Industrial Estate 1 (WHA CIE1), WHA Logistics Park 1 (WHA LP 1), and in the WHA Saraburi Industrial Estate (WHA SIL), with a total factory and warehouse area of 24,032 square meters.
4. WHA Rayong 36 Co., Ltd. invests in the WHA Rayong 36 Industrial Estate project, with a total factory building area of 4,680 square meters.
The assets to be invested in this round are quality factory and warehouse buildings located in key industrial and logistics areas of the country, particularly in the Eastern Economic Corridor (EEC), which continues to attract interest from both domestic and international investors. This supports long-term demand for industrial and warehouse spaces.
This investment will strengthen the WHAIR trust by expanding rental income, increasing tenant and asset diversity, and distributing investment portfolio risks, which will support the stability of performance and growth potential of the trust in the future.
“This additional investment aligns with the trust's strategy to select assets that can provide appropriate and stable returns for unit holders in the long term, while also strengthening the trust's asset portfolio and supporting growth opportunities in the country's industrial and logistics sectors,”
Following the approval from the trust unit holders, the WHAIR trust will proceed to file the information and draft prospectus (Filing) with the Securities and Exchange Commission (SEC) to seek permission to offer trust units for the sixth additional investment. The investment is expected to be completed by the end of 2026.