Showing 1 - 10 of 18
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.
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.
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.
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.
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.
Eastern Star boss targets 15% uptick
Business, Kanana Katharangsiporn, Published on 11/07/2023
» The new managing director of SET-listed developer Eastern Star Real Estate is planning to balance its residential development portfolio, launch three new projects annually in Bangkok and Rayong, and achieve annual growth of at least 10-15%.
Land & Houses to invest B9bn in 2023
Business, Kanana Katharangsiporn, Published on 13/01/2023
» SET-listed developer Land & Houses plans to spend 9 billion baht on the property business this year, with one-third going to three hotels as the economy and tourism sector are recovering.
Making a market for private assets
Business, Kanana Katharangsiporn, Published on 24/03/2022
» Alternative investment firm Ally Global Management is establishing and accelerating a new private asset industry in Thailand and Southeast Asia, with strategies focused on direct investments alongside co-founders of the world's largest institutions.