Showing 1 - 10 of 56
Thai scion bets US-China feud will ease Bangkok property glut
Bloomberg News, Published on 19/09/2024
» Frasers Property Limited, controlled by Thailand's richest man, is banking on US-China tensions to help reduce an oversupply of office space that has plagued the country's capital.
Thailand’s top industrial park developer expects more land sales
Bloomberg News, Published on 29/08/2024
» WHA Corporation, Thailand's largest industrial estate developer, expects rising demand from foreign manufacturers and companies to trigger a surge in land sales in the second half of the year.
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.
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.
Real estate woes hit electrical appliances
Kuakul Mornkum, Published on 31/07/2024
» The reduced purchasing power of consumers affected the Thai real estate sector in the first half of 2024 and hit the electrical appliance sector, according to Panasonic Solutions (Thailand) Co Ltd, a business arm of Japanese multinational electronics appliance maker Panasonic.
Housing app merger aims for 1m users
Lamonphet Apisitniran, Published on 31/07/2024
» Urban Living Technology, a startup under SCG Distribution and Retail Co, has merged with LivingOS Corporation to strengthen their businesses that specialise in managing housing issues in condominiums and housing estates through online apps, with a goal to reach 1 million residents by 2026.
Real Estate Information Center targets better data gathering to head off crises
Business, Published on 27/07/2024
» The Real Estate Information Center (REIC) continues to serve as an alert system for the property sector, but significant progress is needed, particularly in securing cooperation from various agencies to provide data for both the public and private sectors.
Residential market contracts in Q1
Business, Kanana Katharangsiporn, Published on 05/07/2024
» Thailand's residential market index in the first quarter of 2024 dropped for the sixth consecutive quarter, plunging to a low point post-pandemic as GDP growth slowed to 1.5%.
Buyers without borders
Kanana Katharangsiporn, Published on 01/07/2024
» The cabinet last month resurrected the controversial issue of offering more welcoming residential property measures for foreign buyers.
Amata VN forecasts revenue to rise by up to 20%
Business, Lamonphet Apisitniran, Published on 25/06/2024
» SET-listed Amata VN, an industrial estate developer in Vietnam, expects its revenue to increase by 15-20% in 2024, driven by more foreign investment in Vietnam, especially from China, as a result of geopolitical conflicts and the US-China trade war.