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Bangkok Post

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HISTORICAL FACTS: Bareit fund begins trade on the set - The Untold Story

British Airways SET REIT Bangkok Airways Stock Exchange of Thailand Thailand Inflation Interest Rates

Mr Puttipong, second from right, is congratulated by SET senior executive vice-president, Manpong Senanarong, second from left, during the first day of trading of BA real estate investment fund.

SET-listed Bangkok Airways (BA) kicked off trading on Wednesday of its real estate investment fund on the Stock Exchange of Thailand, offering a first-year return of up to 8% during a period of low interest rates and high inflation.

BA Airport Leasehold Real Estate Investment Trust (BAREIT) invests in Samui airport leasehold properties, making it the first trust in Thailand to invest in airport properties. The trust should benefit from a recovery of the tourism industry in Thailand, especially in Koh Samui, which is a major destination in the country, said BA president Puttipong Prasarttong-Osoth.

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