Dusit Thani Freehold and Leasehold Real Estate Investment Trust (“DREIT”)
was converted from Dusit Thani Freehold and Leasehold Property Fund (“DTCPF”)
DREIT has obtained an approval from the Office of the SEC to offer the REIT units to the investors on 23 November 2017 for the total number of 409,400,000 of DREIT units in exchange of the assets and liabilities of DTCPF.
Date of Establishment
29 November 2017
Non-redeemable and specific REIT fully paid-up capital
Term of Scheme
The Trust focus on investing in high potential freehold or leasehold properties especially in hotel properties, as well as investing in other assets that favor hotel-related business, such as meeting and convention room, restaurants, fitness center, spa, swimming pool, tennis court etc., as part of key assets of the Trust by either purchase and/or lease and/or sub-lease to obtain benefits in a form of rental income. Moreover the Trust aim to renovate and enhance to uplift asset potentiality in order to generate long-term sustainable income and returns for benefit of the trust unitholders as specified in relevant regulatory requirement and/or other related laws.