BKK:WHART

Kasikorn Securities Downgrades WHA Premium Growth Freehold & Leasehold Real Estate Investment Trust to Neutral from Outperform; Price Target is THB11.20

WHA Premium Approves Land Lease, AI Drone Service Deals with WHA

WHA Premium Growth Freehold and Leasehold REIT (BKK:WHART) approved two deals with WHA (BKK:WHA), involving a land lease, and AI-powered drone inspection services, according to a Thursday Thailand Exchange filing.The first transaction involves leasing about 1,949 square meters of land at WHA Mega Logistics Center Chonlaharnpichit Km. 3 Project 2 to WHA. The lease has an initial term of three years, with options to renew for up to 30 years.The second transaction covers the use of AI-powered drone services from WHA, to inspect the roofs of WHART's properties. The inspections, to be carried out annually over five years, are expected to cost about 4.79 million baht and are intended to improve preventive maintenance and support future roof repair planning.

DBS Bank Upgrades WHA Premium Growth Freehold and Leasehold REIT to Buy from Hold; Price Target is THB11.50