Showing 1 - 10 of 21
Real estate to experience uneven recovery in 2025
Business, Kanana Katharangsiporn, Published on 20/02/2025
» The hotel and industrial estate sectors are expected to remain robust this year, driven by foreign markets, while the residential and office sectors continue to slow due to weak domestic demand and excess supply, according to property consultancy CBRE Thailand.
CPN preps B2bn for 5 malls, renovations
Business, Kanana Katharangsiporn, Published on 08/11/2024
» Retail and property developer Central Pattana Plc (CPN) is planning to spend 2 billion baht on five new community malls and the renovation of 15 existing malls during 2025-2029 to capitalise on evolving consumer behaviours.
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.
Banyan returns to where it all began
Business, Kanana Katharangsiporn, Published on 04/05/2024
» After expanding to 22 countries over the past 30 years, hospitality-led property developer Banyan Group has returned to Phuket, the destination where it began.
MQDC sets aside B400m for mall
Kanana Katharangsiporn, Published on 22/08/2023
» Property developer Magnolia Quality Development Corporation (MQDC) will invest 400 million baht to develop a community mall for creators within a mixed-use project — Cloud 11 — in collaboration with the operator of the Commons Thonglor.
Revolutionising retail: KE Group and Ally Reit join forces to launch Ally Sky rewards
Business, Kanana Katharangsiporn, Published on 26/06/2023
» KE Group has partnered with Ally Leasehold Real Estate Investment Trust (REIT) to revolutionise the retail sector with the introduction of the Ally Sky Rewards application. This loyalty programme will cater to shoppers in 11 shopping malls within Ally REIT's portfolio, making it Thailand's first loyalty programme that covers all shops across different mall brands.
Retail market demonstrating solid signs of improvement
Business, Kanana Katharangsiporn, Published on 28/04/2023
» Driven by economic growth and a rebound in tourism, the retail property market has been steadily improving since the fourth quarter of last year, with a prediction that it will return to normal by 2024, according to consultants.
PF allots B2bn for HQ, project
Business, Kanana Katharangsiporn, Published on 03/02/2023
» SET-listed developer Property Perfect Plc (PF) plans to spend 2 billion baht to develop a mixed-use project and its new headquarters on Ratchadaphisek Road in Huai Khwang, with retail space managed by the operator of Jodd Fairs night bazaar.
Homebuyer confidence rises two years in a row
Business, Kanana Katharangsiporn, Published on 13/12/2022
» The homebuyer confidence index in 2022 improved for the second consecutive year as owners of all sizes of businesses were more confident about the current and future economy, according to property research and consultancy Terra Media and Consulting.
Warehouses thrive as e-commerce booms
Business, Kanana Katharangsiporn, Published on 17/05/2022
» With an improving pandemic outlook, the logistics and warehouse sector is continuing to grow, mainly attributed to robust e-commerce business and rising demand from the electronics and automotive industries following the country's reopening.