Showing 1 - 10 of 25
Samyan Mitrtown to break even in three years
Business, Kanana Katharangsiporn, Published on 21/09/2024
» SET-listed Frasers Property Thailand is expecting the Samyan Mitrtown mixed-use project to break even within three more years, a shorter period than other commercial projects, but longer than initially anticipated because of the pandemic.
The Nest, partner lay out plans
Business, Kanana Katharangsiporn, Published on 27/08/2024
» The Nest Property, a residential developer owned by the Mahagitsiri family, is continuing its joint ventures in high-priced low-rise houses with Japanese real estate firm Kanden Realty & Development due to strong demand.
Teka changes tack as condos dwindle
Business, Kanana Katharangsiporn, Published on 23/08/2024
» SET-listed contractor Teka Construction has shifted its focus to international schools, hospitals and data centres to compensate for fewer condo projects as demand is dampened by high interest rates.
Prospect targets purchase of 3 industrial sites for B3.35bn
Kanana Katharangsiporn, Published on 22/08/2024
» Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust (PROSPECT REIT) plans to raise an additional 3.35 billion baht to acquire three industrial properties for its portfolio, capitalising on strong demand in the industrial sector.
Top developers to launch projects worth B93bn in H2
Business, Kanana Katharangsiporn, Published on 16/08/2024
» The top three residential developers -- AP Thailand, Sansiri and Supalai -- are maintaining their plans to launch 73 projects worth a combined 93 billion baht in Greater Bangkok and the provinces during the second half of this year, following a strong performance in the second quarter.
AssetWise posts record Q2 revenue
Kanana Katharangsiporn, Published on 14/08/2024
» SET-listed developer AssetWise set a record for revenue in the second quarter, driven by a strong performance from its campus condo and Phuket projects as the company expects to maintain momentum in the second half.
Auto sector drives industrial land sales
Business, Kanana Katharangsiporn, Published on 13/08/2024
» Land transactions in industrial estates during the first half of 2024 exceeded the annual target set by the Industrial Estate Authority of Thailand (IEAT), driven by strong demand in the automotive sector, particularly from Chinese investors.
GVREIT ploughs B200m into offices
Business, Kanana Katharangsiporn, Published on 07/08/2024
» Golden Ventures Leasehold Real Estate Investment Trust (GVREIT) will invest 200 million baht in the renovation of two office buildings in order to enhance their competitiveness and retain tenants amid a surge in office supply.
Sena adopts cautious investment strategy
Kanana Katharangsiporn, Published on 31/07/2024
» Developers need to be more cautious with investments in the second half, as the financial market is concerned about corporate debenture repayments, due to the economic slowdown that affected demand in the first half.
New Major Development tie-ups target luxury housing
Business, Kanana Katharangsiporn, Published on 27/07/2024
» SET-listed developer Major Development (MJD) will form joint ventures with two additional Japanese partners in luxury residential projects to diversify risk and expand its portfolio of sites.