THAI INDUSTRIAL FUND 1 (TIF 1)
PROPERTY FUND & REITS
TIF 1 was set up in June 2003 as a listed company in Stock Exchange of Thailand under a joint venture between TFD and ING Funds (Thailand) Co,.Ltd. It has 921 million Baht registered share capital with objective to invest in ready-built factories located in industrial estates or zone. One Asset Management is currently acting as fund manager.
Assets under the TIF1 Property Fund consists of 25 factory buildings and one 12 units Flatted Factory building situated in the following locations:
| Industrial estate/industrial zone | Location | Types of service | Areas (square meters) |
Number of units (units) |
|---|---|---|---|---|
| • The Hi-Tech Industrial Estate | Ayutthaya | Land+Factory | 17,248 | 12 |
| • The Bangpa-in Industrial Estate | Ayutthaya | Land+Factory | 1,980 | 1 |
| • The Navanakorn Industrial Estate | PathumThani | Land+Factory | 2,310 | 1 |
| • The Amata Nakorn Industrial Estate | Chonburi | Land+Factory | 9,150 | 7 |
| • The Bangkadi Industrial Estate | PathumThani | Land+Factory | 1,800 | 2 |
| • The Bangkadi Industrial Estate (four-storey apartment building) |
PathumThani | Flatted Factory | 8,811 | 12 |
| • The TFD Industrial Estate | Chachoengsao | Land+Factory | 3,240 | 2 |
| Grand total | 44,539 | 37 |
