Showing 1 - 10 of 212
Samui hotel bookings spike on TV fame
Kanana Katharangsiporn, Published on 03/03/2025
» Room rates at luxury hotels on Koh Samui have surged by 40-50% after season 3 of The White Lotus aired two weeks ago, but they still have not reached the peak levels recorded in Phuket and Bangkok, according to property consultant JLL.
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.
Grande Asset's Hyatt sale sets record
Business, Narumon Kasemsuk, Published on 25/12/2024
» Though the tourism sector may fall short of the government's target for arrivals this year, despite recording more than 33 million arrivals in the first 11 months, the hospitality sector's performance has been ignited countrywide, especially in the gateway city of Bangkok.
JLL Thailand anticipates double-digit growth in 2025
Business, Kanana Katharangsiporn, Published on 28/11/2024
» Property consultant JLL Thailand expects to sustain its growth in 2025, building on a 30% increase in 2024, the largest in five years, driven by hotel transactions, land deals, property management and consultancy services.
Analysts see data centre investment revving up
Business, Nareerat Wiriyapong, Published on 03/10/2024
» New data centre investments in Thailand could accelerate over the next 3-5 years as global data usage is surging, with the electronics, industrial estate, contractor, and power plant sectors set to be the major beneficiaries, say analysts.
Thailand’s EV Industry Fuels Commercial Real Estate Boom
Published on 23/09/2024
» Thailand is poised to become Southeast Asia’s leading market for electric vehicle (EV) manufacturing and innovation, which will have significant implications for the country’s commercial real estate industry. According to JLL (NYSE: JLL), sustained growth in Thailand’s EV industry, supported by government policies and foreign investment, will create an addressable real estate market of at least $6.5 billion (THB220 billion) by 2030, underpinning the country’s rise as a regional leader in EV manufacturing and innovation.
Richmont's, JLL tout UK opportunities
Kanana Katharangsiporn, Published on 19/09/2024
» Property consultants Richmont's Thailand and Jones Lang LaSalle (JLL) have introduced London properties priced from 15 million baht to attract Thai investors amid a quiet Bangkok condo market.
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.
Signing Ceremony to Lease Prime Location in Ratchadamri
Published on 27/06/2024
» Mr. Visit Malaisirirat, Business Group Chairman - Property Business of MQDC (6th from left), signed an agreement to lease for development a 6.2 rai plot on Soi Mahatlek Luang 1 for 60 years from Vajiravudh College, represented by Headmaster Mr. Kiattikhun Chartprasert (6th from right). Mr. Suttha Ruengchaiphaiboon, CEO of MQDC (4th from left), attended the signing ceremony with Mr. Michael Glancy, Country Head, Jones Lang LaSalle (Thailand) Limited (JLL) (5th from right), and Mr. Roongrote Chongsujipan, Management Committee of MQDC (1st from left).
Why SMEs must prepare for the green economy
Business, Published on 04/06/2024
» With 2024 set to surpass the heat record established in 2023, Thailand is preparing for a series of sweltering years ahead while grappling with a cooling economy.