AWC Joins Forces with 7 Financial Institutions to File for AWR REIT Worth 51.3 Billion Baht

Kaohoon·9 Oct 2026·

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Corporate Action M&A · Partnership Real Estate Management & Development

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Summary · why it matters

Asset World Corp Public Company Limited, or AWC, has announced a partnership with seven leading Thai financial institutions, namely Siam Commercial Bank, Kasikornbank, Bangkok Bank, Krungthai Bank, Bank of Ayudhya, and TMBThanachart Bank, as well as Bank of America Securities, to prepare for the offering of trust units of AWR – AWC Lifestyle Property Real Estate Investment Trust, or AWR REIT. The trust aims to be Thailand's largest freehold real estate investment trust, with an initial investment value of not more than 51,388 million baht, drawn from five landmark assets in Bangkok, Samui, Krabi, and Pattaya: The Empire, Banyan Tree Koh Samui Hotel, Banyan Tree Krabi, Meliá Koh Samui, and Pattaya Marriott Resort and Spa. AWR REIT also holds a Right of First Refusal, or ROFR, covering nine high-potential assets that AWC has initially selected, along with opportunities to expand investment through another 48 projects in AWC's current portfolio. On governance structure, AWR REIT will have more than 60% independent directors, jointly appointed by the trustee, and will set management fees linked to growth in distribution per unit, or DPU Growth. Asset World Corp REIT Company Limited has already filed the trust unit offering registration statement and draft prospectus, or Filing, with the Securities and Exchange Commission on September 29, 2026.

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