Thai Real Estate Undervalued over 20% based on DCF

CPN Retail Growth Leasehold REIT

Market Cap: ฿42.7b

CPN Retail Growth Leasehold REIT (CPNREIT) was established on 1 December 2017 from the conversion from CPN Retail Growth Leasehold Property Fund (CPNRF).

LH Hotel Leasehold Real Estate Investment Trust

Market Cap: ฿13.6b

Operates as a real estate investment trust in Thailand.

LH Shopping Centers Leasehold Real Estate Investment Trust

Market Cap: ฿11.2b

A real estate investment trust externally managed by Land and Houses Fund Management Company Limited.

BA Airport Leasehold Real Estate Investment Trust

Market Cap: ฿11.1b

n/a

INET Freehold and Leasehold Real Estate Investment Trust

Market Cap: ฿8.9b

n/a

WHA Industrial Leasehold Real Estate Investment Trust

Market Cap: ฿7.5b

n/a

Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust

Market Cap: ฿4.6b

n/a

CPN Commercial Growth Leasehold Property Fund

Market Cap: ฿2.6b

Invests in real estate.

Hemaraj Industrial Property and Leasehold Fund

Market Cap: ฿2.6b

Specializes in acquiring and leasing the property.

Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition

Market Cap: ฿2.4b

n/a

Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust

Market Cap: ฿2.4b

A real estate investment trust externally managed by Amata Summit REIT Management Co., Ltd.

Millionaire Property Fund

Market Cap: ฿1.8b

A closed-ended real estate investment trust launched and managed by One Asset Management Limited.