Showing 1 - 10 of 117
UHG banking on new hotel rooms for 20% growth
Kanana Katharangsiporn, Published on 27/04/2026
» Despite a 10-20% decline in European tourist arrivals following the Middle East conflict, commercial property developer UHG is targeting 20% growth this year driven by the opening of a new hotel and the addition of rooms at an existing 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.
Central Pattana sees net profit surge by 13% in 2025
Published on 24/02/2026
» Leading real estate developer Central Pattana Plc (CPN) has announced a strong performance for the 2025 fiscal year, delivering solid growth in revenue, net profit, dividends and foot traffic, reaching a new high for the third consecutive year.
Prime Bangkok plots on the block
Business, Wichit Chantanusornsiri, Published on 05/02/2026
» The Treasury Department is preparing to put more than 40 plots of land acquired through asset seizures up for sale, in addition to opening auctions to lease another 10 prime land plots in Bangkok and other provinces.
Supalai keen on warehouse venture
Kanana Katharangsiporn, Published on 30/01/2026
» SET-listed developer Supalai is eyeing expansion into the warehouse business after forming a joint venture with Chinese investor AuGroup to develop a facility in Chon Buri, targeting tenants using Thailand as a tax-efficient export base.
BTS prepares B20bn condo projects
Business, Kanana Katharangsiporn, Published on 20/01/2026
» After receiving 36 billion baht last year from the Bangkok Metropolitan Administration for debt settlement, SET-listed BTS Group Holdings will develop two condo projects in the Srinakarin and Rangsit areas, comprising 12,000 units valued at 20 billion baht.
Pressured property developers look to adapt
Kanana Katharangsiporn, Published on 29/12/2025
» The residential property market closed 2025 under heavy pressure from weak purchasing power, tight mortgage lending and external shocks, prompting developers to recalibrate strategies for 2026 around affordability, risk management and liquidity preservation.
Industrial land sales miss target as investors run scared
Business, Lamonphet Apisitniran, Published on 25/12/2025
» The Industrial Estate Authority of Thailand (IEAT) has missed its land sales target for fiscal 2025, underscoring the impact of global trade tensions and domestic political uncertainty on investor confidence.
Origin plans 17 hotels, 2 retail projects
Kanana Katharangsiporn, Published on 16/12/2025
» Origin Hotel plans to invest about 7.5 billion baht per year from 2026 to 2030 to develop 17 hotels and two retail projects through joint ventures with partners using a develop-operate-sell model.
Year to end with dip in transfers and transfer value
Kanana Katharangsiporn, Published on 26/11/2025
» Despite an expected pickup in transfers in the fourth quarter, full-year 2025 is still forecast to end with a 7% drop in the number of transfers and an 11% decline in transfer value, weighed down by the economic slowdown and weaker home-buying power.