Showing 1 - 10 of 10
Sansiri banking on Standard deal to drive profit
Business, Molpasorn Shoowong, Published on 28/08/2024
» Selling shares of US-based lifestyle hotel Standard International will drive net profit to reach a new high this year for SET-listed developer Sansiri.
Pruksa slashes value of new developments by B2bn
Molpasorn Shoowong, Published on 16/08/2024
» SET-listed developer Pruksa Holding downgraded the value of its annual new projects to 27 billion baht, from 29 billion baht, as the sluggish economy mutes purchases at its townhouse projects.
More foreign ownership ‘could mean more illegal hotels’
Molpasorn Shoowong, Published on 13/08/2024
» Hotel operators are concerned about changes to foreign ownership rules for real estate because they believe it could lead to another influx of illegal hotels in Thailand.
CPN eyes 20% growth for residential unit
Business, Molpasorn Shoowong, Published on 28/06/2024
» SET-listed Central Pattana (CPN) is targeting 20% annual growth for its residential property business in the coming years, while aiming for 7 billion baht in revenue in 2024 via the high-spending domestic segment in the provinces.
Tourism to steer CPN's H2 results
Molpasorn Shoowong, Published on 18/06/2024
» Retail and property developer Central Pattana Plc (CPN), the operator of Central malls, is banking on a tourism rebound to strengthen retail performance in the second half, especially in major cities.
Travellers push up demand for rental residences
Business, Molpasorn Shoowong, Published on 05/03/2024
» Thailand can expect stronger demand for rental residences, especially from foreign expatriates or young workers who may not be able to afford to purchase a home, according to rental residence developer Homa.
Seacon forecasts 10-15% revenue growth
Molpasorn Shoowong, Published on 08/02/2024
» Seacon, one of the country's oldest homebuilders, says demand for large homes and an improving economy will help drive revenue this year to 2.3 billion baht.
AWC adds value in bid to woo tenants
Business, Molpasorn Shoowong, Published on 19/12/2023
» Amid sluggish demand for commercial real estate, developers are having to invest greater sums in co-living programmes to provide an enhanced quality of life for office workers in a bid to attract new tenants, according to SET-listed Asset World Corp (AWC).
The Great Room bullish on prospects
Molpasorn Shoowong, Published on 08/11/2023
» Businesses providing co-working spaces have maintained a steady growth post-pandemic as people return to work by opting for a flexible working space, with the Asia-Pacific region reporting a higher utilisation rate than other regions, according to The Great Room, an operator of co-working spaces.
Hoteliers unfazed by China's property woes
Business, Molpasorn Shoowong, Published on 24/08/2023
» Thai hotel companies are to forge ahead with their expansion plans as they remain unfazed by mainland China's real estate slump, though purchasing power must be monitored for any declines, according to Dusit International.