IMPACT convenes unit holders' meeting, greenlights 'IMPACT Live Nation' for a 20-year arena lease, securing long-term revenue stability

The approval aims to ensure sustainable rental income from IMPACT Growth REIT's key assets, particularly IMPACT Arena, Thailand's largest indoor concert venue. With high demand from both domestic and international artists, IMPACT Arena is a vital revenue driver for the REIT. Under the lease agreement, ILN will oversee modernization efforts without requiring REIT investment, enhancing its competitiveness and market share.

IMPACT Live Nation Co., Ltd. (ILN) is a joint venture between IMPACT Exhibition Management Co., Ltd. and Live Nation Entertainment (LN), a global leader in concerts, events, and venue management. Live Nation has been a major revenue contributor to IMPACT Arena and will continue to host world-class concerts and events at the venue.

This strategic partnership is expected to optimize asset utilization, reinforce IMPACT's position as a global entertainment destination, and support long-term, sustainable revenue growth for the trust.

Summary of IMPACT Growth Real Estate Investment Trust : IMPACT

IMPACT Growth REIT or IMAPCT is a real estate investment trust that focuses on acquiring ownership rights in exhibition and convention center properties. Managed by RMI Co., Ltd. as the REIT Manager, Kasikorn Asset Management Co., Ltd. serves as the Trustee, while IMPACT Exhibition Management Co., Ltd. oversees property management.

Currently, IMPACT's portfolio includes four major properties: IMPACT Arena, IMPACT Challenger Halls (1-3), IMPACT Forum (Hall 4), and IMPACT Exhibition and Convention Center (Halls 5-12). All of these venues are located within the IMPACT Muang Thong Thani project, boasting a total area of 479,761 sq.m. and a net exhibition area of 122,165 sq.m.

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