Deal Announcements

  • Weerawong C&P represented True Properties in the establishment of Bualuang Office Leasehold Real Estate Investment Trust (BWORK)
  • Weerawong C&P represented True Properties Co., Ltd. in the establishment of Bualuang Office Leasehold Real Estate Investment Trust (BWORK), having Krung Thai Asset Management Public Company Limited as the Trustee and BBL Asset Management Company Limited as the REIT Manager. BWORK has invested in the 30-year leasehold rights of land and buildings, namely True Tower 1 on Ratchadapisek Road and True Tower 2 on Pattanakarn Road, Bangkok.
     
    The total investment value is approximately THB 4,000 million (approximately USD 145 million) which was raised from the issuing of new IPO trust units and money borrowed from Bangkok Bank Public Company Limited. The first day of trading was on 28 February 2018.
     
    The Weerawong C&P team was led by Khemajit Choomwattana, Partner, Panida Wongsriyanon, Senior Associate.
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