WHART has announced the successful offering of its additional trust units, which will begin trading on the Stock Exchange of Thailand on October 12, 2026, after the offering held September 21-25 and September 28 to October 1, 2026, drew full subscriptions from investors. The capital increase aims to invest in the WGCL IDC project, valued at no more than 2,507.60 million baht, an international-standard built-to-suit distribution center with a total area of approximately 99,390 square meters, along with a 30-year long-term lease with a leading corporate tenant. Following the investment, WHART will manage more than 2 million square meters of leasable area and total assets of more than 56,000 million baht. Supasit Sittiseth, Chief Executive Officer of WHA Real Estate Management Company Limited, as the trust's manager, said the asset reflects its potential to generate continuous rental income. Jittisa Charoenpanich, an executive in investment banking at Kasikornbank Public Company Limited, as financial advisor and underwriter, said the trust holds an A rating with a Stable outlook from TRIS Rating and has a track record of more than 10 years of continuous distributions. It expects to pay a distribution of 0.783 baht per unit, based on estimated performance for the 12-month period from October 1, 2026 to September 30, 2027, equivalent to a distribution yield of approximately 7.39% per year at the final offering price of 10.60 baht per unit.
Kasikornbank Public Company LimitedKasikornbank acted as financial advisor and underwriter for WHART's fully subscribed capital increase, a mandate tied to the trust's 2.5-billion-baht distribution-center investment.
As WHART's manager, WHA Real Estate Management completed a fully subscribed capital increase that lifts the trust's assets past 56 billion baht and adds the WGCL IDC project.
