Mitihoon – IMPACT GROWTH REIT delivers strong performance, announcing its financial results for fiscal year 2024/2025, which ended on March 31, 2025. Revenue grew by 22.5%, while profits surged 28.8%. The REIT has declared a dividend of 0.17 baht per unit, bringing the total annual dividend payout to 0.67 baht per unit. The strong performance is driven by the ongoing recovery in the MICE industry, with concerts and events maintaining momentum. The venue occupancy rate has climbed to 37.8%. In 2025, the anticipated opening of the extended Pink Line Skytrain is expected to be another key driver of increased foot traffic at IMPACT. This improved connectivity will not only enhance accessibility but also create opportunities for long-term revenue expansion, particularly from international clients and large-scale global events.
Mr. Paul Kanjanapas, Chief Executive Officer of IMPACT Exhibition Management Co., Ltd., the property manager of IMPACT Growth REIT, stated that the REIT achieved strong performance in fiscal year 2024/2025 (ending March 31, 2025), with dramatic growth in both revenue and profit. He highlighted that the overall performance in FY 2024/2025 showed remarkable growth in revenue, profit, and an increasing dividend payout. This reflects confidence in the business’s potential and the robust recovery of the MICE (Meetings, Incentives, Conferences, Exhibitions) industry.
He also anticipates that 2025 will be a landmark year, bolstered by the opening of the extended Pink Line Skytrain, which will feature two new stations: IMPACT Muang Thong Thani Station (MT01) and Muang Thong Thani Lake Station (MT02). Additionally, the Sky Entrance, a direct walkway connecting Exit 3 of IMPACT Muang Thong Thani Station to Challenger Hall, is now open and ready to welcome visitors. This enhancement comes just in time for THAIFEX – ANUGA ASIA 2025, Asia’s premier regional food trade show and the fourth-largest food industry exhibition in the world. Scheduled to take place from May 27–31, 2025, this major international event is expected to significantly increase foot traffic at IMPACT, attracting both MICE travelers and industry professionals from around the globe.
Furthermore, IMPACT is actively expanding its business opportunities through a partnership with Live Nation Entertainment, aiming to elevate the indoor concert experience to the largest in the country. This collaboration is set to pave the way for a fully integrated events and entertainment ecosystem. Currently, discussions and planning are underway, with expectations that this initiative will be a major driving force behind IMPACT’s transformation this year. The move will enhance its competitive edge and establish Thailand as a premier destination for concerts and entertainment events in Asia.
Ms. Wanphen Mungpiensagul, Managing Director of RMI Company Limited, the REIT manager of IMPACT Growth REIT, disclosed the REIT’s outstanding performance in fiscal year 2024/2025 (ending March 31, 2025). IMPACT Growth REIT reported total revenue of 2,147.3 million baht, marking a 22.5% increase from the previous year, while net profit surged 28.8% to 1,100.1 million baht. These figures reflect the strength of the MICE industry and the high potential of IMPACT’s event spaces, which continue to meet the demands of international-scale events.
IMPACT Growth REIT has announced its final dividend payment of 0.17 baht per unit, scheduled for June 20, 2025. This brings the total annual dividend to 0.67 baht per unit, reflecting a 24.1% increase from the previous year.
Revenue and profit for this year are expected to grow in line with projections, reflecting the strong recovery of the MICE (Meetings, Incentives, Conferences, Exhibitions) industry. Events continue to be held regularly, with venue occupancy rate climbing to 37.8%, the highest level since the COVID-19 pandemic. Additionally, enhancements to internal spaces—including upgrades to the Thai Thai Food Court and Sky Kitchen—aim to elevate the experience for visitors to IMPACT Muang Thong Thani’s exhibition and convention center in the future.
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