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Warehouse operator WHA plans Thai Reit
Published Wed, Jan 20, 2016 · 09:50 PM
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Bangkok
WHA Corp, Thailand's biggest publicly traded warehouse operator, plans to sell units in a real estate investment trust after its acquisition of the nation's biggest industrial developer last year caused debt and funding costs to surge.
WHA wants to raise at least 11 billion baht (S$436 million) by selling a Reit backed by rental fees from warehouses and factories, chief executive officer Jareeporn…
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