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Based on these facts... Office Building Facts Total GFA (sq.m) = 45,000 Building Efficiency = 70% Capital Value (US$/sq.m*) = 1,167 Financing Assumptions LTV =

Based on these facts...

Office Building Facts

Total GFA (sq.m) = 45,000

Building Efficiency = 70%

Capital Value (US$/sq.m*) = 1,167

Financing Assumptions

LTV = 80%

Interest = 8%

Loan Term (year) =15 (Loan Payment is Monthly basis)

DCR = 1.2

Operation Assumptions

Rental Rate = 15(US$/sq.m./month)*

Rental Rate Growth = 10% every 3 years

Occupancy Rate : Year 1 = 75%, Y2 onward = 80%

Operating Expenses = 3.83(US$/sq.m./month)* of occupied space

Operating Expenses Growth = 3%per year

(* Estimates 1$US = 30 THB)

Please answer in US$ currency

a) What is a total acquisition cost?

b) What is the total loan amount and equity portion?

c) What is the operating expenses in year two?

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