Showing 1 - 10 of 25
Aira Capital banking on leasehold developments
Business, Kanana Katharangsiporn, Published on 25/02/2026
» MAI-listed Aira Capital Group continues to focus on property investment on leasehold land, with plans to invest 2.3 billion baht to develop the DoubleTree by Hilton Bangkok Silom hotel, as well as 1 billion baht for a wellness residential project in a tourist destination.
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.
Wary developers weigh down land price index
Business, Kanana Katharangsiporn, Published on 13/02/2025
» The year-on-year increase in the land price index in Greater Bangkok in the fourth quarter of 2024 slowed to 1.8%, close to the historic low of 1.7% recorded in the fourth quarter of 2021, mainly due to tepid investment among developers.
IWG to open 11 new co-working spaces nationwide
Business, Kanana Katharangsiporn, Published on 05/02/2025
» Co-working space operator IWG plans to open at least 11 new branches in Bangkok, Samut Prakan, Chon Buri, Rayong and Phuket, driven by office oversupply and rising demand for flexible spaces.
Inner-city land prices increase in first half
Business, Kanana Katharangsiporn, Published on 17/08/2024
» The rise in land prices in Bangkok's inner-city locations was among the top five largest increases in both the first and second quarters of 2024, reflecting the trend of higher volumes of new condo supply launched in these areas.
UHG expects 10% revenue hike this year
Business, Kanana Katharangsiporn, Published on 05/01/2024
» Commercial property developer UHG expects revenue growth of 10% to 2.2 billion baht in 2024, with Chinese tourist arrivals potentially returning in the third quarter of the year.
Sansiri emphasises finding young talent
Business, Kanana Katharangsiporn, Published on 21/10/2023
» After Srettha Thavisin, former president of Sansiri Plc, ventured into politics, the company remained steadfast in its commitment to being a property developer that new generations aspire to work for.
UHG to invest B3.1bn to develop two new hotels
Business, Kanana Katharangsiporn, Published on 07/10/2023
» Hotel and office developer UHG plans to invest 3.1 billion baht to develop two new hotels in the Ramkhamhaeng and Phaya Thai areas to capitalise on the potential of these locations and meet high demand from its hotels nearby.
Bangkok land price index surges in Q1
Business, Kanana Katharangsiporn, Published on 09/05/2023
» The land price index in Greater Bangkok rose in the first quarter of 2023 with a double-digit increase, driven by land price hikes on the outskirts of the capital.
UHG forecasts revenue to increase by 40% this year
Business, Kanana Katharangsiporn, Published on 28/02/2023
» Hotel and office developer UHG is forecasting a 40% increase in revenue this year, banking on robust demand from foreign tourists and the Mice (meetings, incentives, conventions, and exhibitions) sector in Bangkok.