IMPACT Growth REIT is gaining strong momentum from the booming exhibition market, with major international events expanding in scale and a robust event pipeline extending through year-end. The lineup spans a diverse range of sectors—from manufacturing, technology, AI and drones to automotive. The REIT is also stepping up efforts to attract more international clients, targeting revenue and dividend growth of 10–15% in FY2026/27 and an occupancy rate (OR) of 39–42%.
Ms. Wanphen Mungpiansakul, Managing Director of RMI Co., Ltd., the REIT Manager of IMPACT Growth Real Estate Investment Trust (IMPACT Growth REIT), said that the REIT’s strategy for FY2026/27 (April 2026–March 2027) would remain focused on maximizing the revenue-generating potential of its assets. IMPACT Growth REIT is targeting year-on-year growth of 10–15% in both revenue and dividend distributions, following total revenue of THB 2,067.4 million, net profit of THB 1,139.9 million and total dividend distributions of THB 0.69 per unit in the previous fiscal year. The REIT also aims to achieve an occupancy rate of 39–42%, reflecting its confidence in sustained demand for event space from both domestic and international clients.
The exhibition and convention business remains one of the key growth drivers. In 2025, IMPACT captured nearly 50% of Thailand’s MICE venue market among major operators, highlighting its strong capabilities in hosting large-scale events and its solid customer base.
Looking at the overall event landscape in 2026, IMPACT continues to see positive momentum in both the scale of events and the diversity of industries utilizing its venues. Recent highlights include major international flagship events such as THAIFEX–Anuga Asia 2026, which expanded across 12 exhibition halls covering more than 140,000 square metres, as well as ProPak Asia 2026, held at IMPACT Challenger with an expanded exhibition area to accommodate the growing number of exhibitors from around the world. For the remainder of the year, IMPACT’s event mix will remain well diversified across a broad range of industries, including manufacturing, construction, automotive, pet care, OTOP products, woodworking and furniture, printing and packaging technologies, healthcare and wellness, as well as new-economy sectors such as AI, digital solutions and drones. This diverse event portfolio reflects broad-based demand for IMPACT’s venues across multiple industries and reinforces its role as a hub connecting businesses, technologies and industries of the future. It is also aligned with the direction of the MICE industry, which is placing greater emphasis on events that generate economic value and promote sustainability.
Meanwhile, following the commencement of a 20-year lease agreement for IMPACT Arena with IMPACT Live Nation on 1 January 2026, the REIT will generate long-term rental income from the venue. Other properties in the portfolio, particularly IMPACT Challenger and IMPACT Exhibition Center, will remain the primary venues driving the exhibition and convention business, while continuing to accommodate large-scale events and concerts.
At the same time, the Property Manager, IMPACT Exhibition Management Co., Ltd., continues to build on its strengths as a venue operator by developing and organizing its own events in high-potential industries. This strategy is aimed at enhancing the revenue-generating efficiency of the REIT’s assets throughout the year.
The REIT’s latest results for the first quarter of FY2026/27 (April–June 2026) continued to reflect strong business momentum, marking its best-ever first-quarter performance since its establishment. Total revenue rose by 16.2% year on year to THB 719.8 million, while net profit increased by 26.4% to THB 455.0 million. The REIT also declared a distribution of THB 0.24 per unit, payable on 11 September 2026. These results further reinforce confidence that the REIT remains on track to achieve its full-year performance targets.