Use the information below to support your solution clearly.

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 a net leasable area?

c) What is the operating expenses in year one?

d) What is the potential gross income in year two?

e) What is the total loan amount?

f) What is an equity portion?

g) What is a loan repayment per year? (according to loan payment assumptions)