Showing 1 - 10 of 151
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.
Yong Concrete rejigs focus to industrial push
Business, Kanana Katharangsiporn, Published on 21/08/2024
» Yong Concrete, an MAI-listed manufacturer of concrete products, plans to shift its focus from the slow residential market to the industrial sector, which could cause growth to fall below the company's original target.
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.
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.
Yong eyes 2 new plants in Rayong
Business, Kanana Katharangsiporn, Published on 23/05/2024
» Yong Concrete, an MAI-listed producer of concrete products, is expanding with two new plants in Rayong to capitalise on rising demand in the Eastern Economic Corridor (EEC), diversifying risk from the property market slowdown and government budget delays.
Performance among developers in Q1 mixed
Business, Kanana Katharangsiporn, Published on 16/05/2024
» The first-quarter revenue of major listed developers reflected varying trends, with a decline year-on-year among those targeting the lower-end segment, while those focusing on the middle to upper segments continued to witness growth.
Syntec plans expansion of data centre business
Business, Kanana Katharangsiporn, Published on 06/05/2024
» SET-listed contractor Syntec Construction has established a new team to handle data centre construction projects as demand rises, particularly from large players.
Robot cleaners to bolster IFS revenue
Business, Kanana Katharangsiporn, Published on 08/04/2024
» Facility management firm Integrated Facility Solutions (IFS) aims to achieve revenue growth of 20% per year by introducing floor-cleaning robots from Japanese firm SoftBank Robotics to help ease labour costs.