Showing 1 - 10 of 31
Noble investor to take control
Business, Kanana Katharangsiporn, Published on 11/09/2025
» The co-chief executive of SET-listed Noble Development, currently its second-largest shareholder, is set to become its largest shareholder, with restructuring expected to be completed by mid-2026 as part of the company's transition plans.
UHG to sink B1.5bn into hotel expansion
Business, Kanana Katharangsiporn, Published on 09/05/2025
» Commercial property developer UHG plans to invest 1.5 billion baht to expand its hotel portfolio in fringe areas of Bangkok and convert office space on Lat Phrao Soi 4 into hotel rooms, capitalising on tourism and escaping the oversupplied office market.
Quake rocks property market
Business, Kanana Katharangsiporn, Published on 01/04/2025
» Cracks and damage found in many high-rise condos in Bangkok after Friday's earthquake have rattled consumer confidence, likely making this year's second quarter the weakest quarter for condo sales and transfers in 15 years.
LH slashes new projects as economy slows
Kanana Katharangsiporn, Published on 23/01/2025
» SET-listed developer Land & Houses (LH) will launch just four new projects worth 11.1 billion baht, the lowest level in more than two decades, due to the ongoing economic slowdown and ample existing inventory.
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.
Developers look to shareholders for loans
Kanana Katharangsiporn, Published on 05/08/2024
» Listed residential developers have sought to retain and raise cash by avoiding new costs, borrowing short-term loans from major shareholders, and selling assets to mitigate risks amid difficulties in the financial market and limited mortgage loan approvals.
Surge in new office supply to prompt rejig
Business, Kanana Katharangsiporn, Published on 15/02/2024
» As around 1.4 million square metres of new office space is slated for completion between 2024 and 2026, landlords of existing office space should renovate or add new amenities to retain their existing tenants as new office towers will seek to attract both new clients and tenants of existing properties looking to relocate.
LH rejigs towards recurring income
Kanana Katharangsiporn, Published on 27/01/2024
» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.
Noble continues to tap overseas markets
Business, Kanana Katharangsiporn, Published on 19/01/2024
» After achieving a record high in overseas sales last year, SET-listed developer Noble Development will continue introducing ready-to-move-in condos priced below 5 million baht in locations familiar to foreigners to tap overseas markets this year.
Land & Houses aiming to launch 11 projects
Kanana Katharangsiporn, Published on 17/01/2024
» SET-listed Land & Houses plans to launch 11 new residential projects worth a combined 30.2 billion baht, all of which are low-rise houses with most in the upper-end segment as condo supply remains plentiful.