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. The Trust would acquire the core assets by either purchase and/or lease and/or sub-lease, either direct Investment or share acquisition of the companies, aiming to generate benefits in a form of rental income or any related income as well as initiating asset enhancement program to uplift asset potentiality in order to generate long-term sustainable income. Meanwhile the Trust will invest in other assets and/or other securities and/or any other returns pursuant to the Securities and Exchange Act and/or any other relevant laws in order to diversify investment to other different aspects.