Report on the investment in the Additional Investment Assets of Future City Leasehold Real Estate Investment Trust

The Stock Exchange of Thailand · 1d ago
Attention: The President The Stock Exchange of Thailand At the Trust Unitholders' Meeting No. 1/2026 of Future City Leasehold Real Estate Investment Trust ("FUTURERT"), held on 24 July 2026, the trust unitholders resolved to approve FUTURERT's investment in the additional investment assets (the "Additional Investment Assets"), the acceptance from Rangsit Plaza Company Limited ("Rangsit Plaza") of an option to extend the lease term and the rights period of such Additional Investment Assets, and the borrowing from Persons Related to the REIT Manager and the provision of collateral for such borrowing to finance the investment in the Additional Investment Assets. BBL Asset Management Company Limited (the "REIT Manager") hereby reports the progress on these matters as follows: 1. The investment in Additional Investment Assets and the acceptance of the grant of an option to extend the lease term and the rights period of such Additional Investment Assets On 1 September 2026, FUTURERT completed its investment in the Additional Investment Assets with a total investment value of approximately Baht 2,810,000,000 (inclusive of value added tax but excluding other taxes and duties, registration fees, and other fees and expenses related to the investment in the Additional Investment Assets). The details are as follows: Leasehold rights over the building and the rights to utilize certain parts of the common areas for benefit-seeking with third parties, with a total area of approximately 19,817 square meters, for a period of 15 years and 4 months, commencing from 1 September 2026 until 31 December 2041. (1) The leasehold right over certain parts of the Future Park Rangsit Project building, with a total area of 19,460 square meters, including the accessories and component parts installed and utilized in the leased areas; and (2) Rights to utilize certain parts of the common areas of the Future Park Rangsit Project building, with a total area of 357 square meters, to seek benefits from such areas with third parties. Furthermore, FUTURERT has entered into an agreement with Rangsit Plaza granting FUTURERT an option to extend the lease term under the Lease Agreement and the rights period under the Granting of Rights Agreement for the Additional Investment Assets (the "Option to Extend the Lease"). Under the agreement, FUTURERT may extend the lease term and the rights period for a further three-year period following their expiry on 31 December 2041, i.e. from 1 January 2042 to 31 December 2044. FUTURERT may elect to exercise the option within the specified period. The rent payable will be approximately Baht 366 million for 2042, Baht 377 million for 2043, and Baht 389 million for 2044. 2. Borrowing from Persons Related to the REIT Manager and the provision of collateral for such borrowing to finance the investment in the Additional Investment Assets On 1 September 2026, FUTURERT entered into a loan agreement and related security agreements with Bangkok Bank Public Company Limited, providing for a total credit facility of Baht 2,810,000,000. The Additional Investment Assets, FUTURERT's existing principal assets, and any other collateral mutually agreed between the Borrower and the Lender shall serve as security for the loan. The borrowing was used to finance the investment in the Additional Investment Assets. Please be informed accordingly. ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement. If you would like to see the full details of this information, please click view "full details" in attached file.