Showing 1 - 9 of 9
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.
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.
Accor relies on growing middle class
Business, Molpasorn Shoowong, Published on 11/01/2025
» International hotel chain Accor is banking on India's growing middle class and elevated digital technology as it targets global net room growth of 5% this year.
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.
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.
Property shift detected
Business, Published on 29/07/2019
» The total value of investments across all property sectors in Thailand reached 19.2 billion baht in the first half of this year. More than half of that total came from just two transactions in Bangkok: the sale of the Sun Towers office complex and the sale of an 11-rai development site near the Mo Chit skytrain station, according to the property consultancy JLL.