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Search Result for “state properties”

Showing 1 - 10 of 328

PROPERTY

Mideast expats eye Thai luxury homes

Business, Kanana Katharangsiporn, Published on 01/04/2026

» The conflict in the Middle East has begun to prompt expatriates working in the region, as well as buyers from affected countries, to seek ready-to-move residential units in beach destinations, particularly Phuket.

PROPERTY

SC Asset revamps brand as strategy evolves

Business, Kanana Katharangsiporn, Published on 31/03/2026

» SC Asset Corporation Plc has embarked on a major rebranding to reflect a fundamental transformation in how it operates, grows and creates value amid an increasingly volatile global environment.

BUSINESS

Minor banking on asset‑light model

Business, Kanana Katharangsiporn, Published on 24/03/2026

» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.

PROPERTY

SC Asset persists with shift to non-residential business

Kanana Katharangsiporn, Published on 10/03/2026

» SET-listed developer SC Asset Corporation will continue shifting towards non-residential business, aiming to increase its contribution to net profit to 30% by 2030 from 20% last year.

BUSINESS

Singha Estate keeps emphasis on hotels

Business, Kanana Katharangsiporn, Published on 07/03/2026

» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.

BUSINESS

Sugar tycoons branch into hotel investments

Business, Kanana Katharangsiporn, Published on 04/03/2026

» The second-generation owners of Rajburi Sugar Group have diversified into hotel investments, spending more than 1.5 billion baht to acquire and renovate Impiana Resort Chaweng Noi in Samui and Pullman Khon Kaen.

PROPERTY

Frasers Property rebalancing portfolio

Kanana Katharangsiporn, Published on 26/02/2026

» SET-listed Frasers Property Thailand (FPT) is consolidating the management teams of its property development affiliates as it prepares to oversee condo developer Grand Unity Development Co, following its assumption of management at the mixed-use project One Bangkok.

BUSINESS

Mcot opens bids for Bangkok land

Business, Kanana Katharangsiporn, Published on 14/02/2026

» State-owned broadcaster Mcot Plc has opened bidding for the lease of more than 50 rai of land near its headquarters in the Rama IX area of Bangkok, with the site expected to be developed as a mixed-use project amid the economic slowdown and an oversupply of office space in the area.

BUSINESS

Property Perfect plans to sell land, inventory for liquidity

Business, Kanana Katharangsiporn, Published on 13/02/2026

» SET-listed developer Property Perfect has frozen new project launches this year and plans to offer land bank plots and properties worth a combined 4.8 billion baht for sale to strengthen liquidity.

BUSINESS

Hotel sector braces for challenging year

Business, Kanana Katharangsiporn, Published on 10/02/2026

» Thailand's hotel sector will remain highly challenging in 2026, pressured by multiple factors, including uncertainty in key foreign markets amid global geopolitical risks and the continued strength of the baht, according to Kasikorn Research Center.