CPNREIT 2022 performance significantly recovers

Central Pinklao’s lease renewal made first priority distribution made to unitholders of THB 1.1369 per unit, up by 113% year-on-year

CPNREIT’s 2022 financial performance significantly improved from the previous year as traffic recovered from the Covid-19 period with total revenues of THB 4.887 million, +39% year-on-year, and 2022 distribution to trust unitholders at THB 1.1369 per unit, +113% year-on-year.

Mrs. Pattamika Pongsurayamas, CEO of CPN REIT Management Co., Ltd., the REIT Manager of CPN Retail Growth Leasehold REIT (CPNREIT), reported that CPNREIT’s 2022 financial results improved significantly from the previous year after two years impacted by the COVID-19 pandemic, with total revenues of THB 4,887 million, a jump of 39% year-on-year, and distribution to trust…