Showing 1 - 10 of 24
Bangkok office market stays in flux
Business, Kanana Katharangsiporn, Published on 03/02/2026
» The Bangkok office market in 2026 is expected to remain highly competitive but more selective, as limited new supply, rising Grade A demand and ESG-driven relocations reshape leasing strategies, according to property consultancies.
Ascott targets Thailand as travel market transforms
Business, Kanana Katharangsiporn, Published on 07/07/2025
» The Ascott Ltd, a Singapore-based serviced residence and hotel operator, is focusing on Thailand as shifting travel patterns and evolving guest expectations reshape the hospitality landscape.
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.
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.
ESR industry investments to top $1bn
Business, Kanana Katharangsiporn, Published on 04/02/2025
» ESR (Thailand), a joint venture between the Hong Kong-based ESR Group and Thai developer Asia Industrial Estate, is expected to exceed its initial investment budget of US$1 billion for 2023–2027 due to strong demand in the industrial sector.
Condo association pushes for added state assistance
Business, Kanana Katharangsiporn, Published on 16/01/2025
» This year should be a challenging one for the residential property market, carrying over from a sluggish 2024 as insufficient domestic demand and a lack of structural support for foreign demand persist, says the Thai Condominium Association.
UHG bags Ekkamai plot for mid-tier hotel
Business, Kanana Katharangsiporn, Published on 12/11/2024
» Commercial property developer UHG continues its acquisition of prime plots of land, leasing a one-rai site on Soi Ekkamai currently occupied by an apartment complex in order to invest 600 million baht in the development of a mid-tier hotel, prompted by enforcement of the land and building tax.
UHG allots B1bn for two mid-tier hotels
Business, Kanana Katharangsiporn, Published on 01/08/2024
» Commercial property developer UHG will invest 1 billion baht to expand with two new mid-tier hotels on Sukhumvit Soi 8 and Pradipat Road, banking on robust tourism demand in this segment, which has boosted revenue growth post-pandemic.
Syntec plans expansion of data centre business
Business, Kanana Katharangsiporn, Published on 06/05/2024
» SET-listed contractor Syntec Construction has established a new team to handle data centre construction projects as demand rises, particularly from large players.
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.