Published by
The Bangkok Post
The Bangkok Post
Product expected to generate B10.3bn Bangkok Airways has announced the launch of Thailand’s first airport real estate investment trust (BAREIT), which it is promoting with an estimated 8.46% first-year yield. The firm believes Thailand’s promising tourism rebound will make its 14.3-billion-baht REIT an attractive financial product to potential investors. The BAREIT offers a 25-year leasehold rights contract for five main properties used for the company’s Samui airport operations: the single 2.1-kilometre runway, a taxiway, a check-in terminal, passenger terminals that serve both domestic and i…