SUMX Rental Rates Grow 5% After One Year of Trading Major Tenants Renew Leases, Strengthening Recurring Income Base Amid Wellness & Sport Trend

Mr. Arin Ratnakovit, Director and Deputy Chief Asset Management Officer of The Issuer Limited, said the strong performance demonstrates the resilience of Summer Point's business model and its ability to create sustainable value through active asset management and strategic tenant selection.

Mr. Arin disclosed that since its launch, Summer Point has increased its average rental rate by approximately 5% compared with the project's initial opening. The property is currently home to more than 17 tenants, while negotiations are underway with approximately two additional prospective tenants, representing an estimated 10% of the project's total leasable area. This continued leasing momentum reflects strong market demand and highlights the property's ability to enhance long-term asset value.

The project continues to benefit from the rapid expansion of Thailand's health, wellness, sports, and lifestyle industries, which remain among the country's fastest-growing consumer sectors. As a result, Summer Point has developed a well-diversified tenant ecosystem across wellness, sports, food and beverage, education, beauty, offices, and lifestyle services, reducing concentration risk while creating a vibrant destination that attracts consistent customer traffic.

Another key driver of the project's performance has been the successful renewal of leases by several major tenants. These long-term commitments reflect tenant confidence in the property's location, customer traffic, and business potential, while strengthening recurring rental income and improving long-term cash flow visibility for the underlying asset.

"Our performance over the past year reflects SUMX's strong potential to generate recurring income, driven by growth in rental rates, the renewal of major tenants, and the entry of new operators — particularly within the Wellness & Sport sector, a high-growth mega-trend that will remain one of the key factors supporting the project's long-term growth," said Mr. Arin.

Looking ahead, The Issuer Limited will continue to enhance Summer Point's tenant portfolio by partnering with businesses aligned with high-growth consumer trends, particularly within the wellness and lifestyle economy. This strategy is expected to further diversify recurring income streams, increase the long-term value of the underlying asset, and strengthen SUMX's position as one of Thailand's leading real estate-backed investment digital tokens.

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