Daily BriefsThailand

Daily Brief Thailand: BA Airport Leasehold REIT and more

In today’s briefing:

  • BA Airport Leasehold REIT Pre-IPO – First Airport-REIT, Expect Stable Income

BA Airport Leasehold REIT Pre-IPO – First Airport-REIT, Expect Stable Income

By Clarence Chu

  • BA Airport Leasehold REIT (BAREIT TB) (BAREIT) is looking to raise about US$290m in its Thailand IPO. 
  • BA Airport Leasehold REIT (BAREIT), sponsored by Bangkok Airways, is Thailand’s first airport REIT.
  • It aims to utilise the IPO proceeds, combined with a debt issuance to lease a number of properties located in Samui Airport. 

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