Showing 1-10 of 18 results
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Pruksa preps 30 projects worth B29bn
Business, Kanana Katharangsiporn, Published on 20/02/2024
» SET-listed developer Pruksa Holding (PSH) is planning to launch 30 new residential projects worth a combined 29 billion baht, with a shift to the upper-priced segment to balance those in the lower-end market affected by negative factors.
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Standard preps Hua Hin, Phuket projects
Business, Kanana Katharangsiporn, Published on 07/02/2024
» Hospitality firm Standard International is planning to launch two projects of The Standard Residences in Phuket and Hua Hin in the second quarter, with combined sales of 8.5 billion baht, aiming to achieve a 60% target in presales.
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KBank mulls buying Home Credit Vietnam
Somruedi Banchongduang, Published on 04/09/2023
» Kasikornbank (KBank) is exploring an acquisition deal with Home Credit Vietnam as part of its Asean business expansion.
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Residential market showing improvement since election
Business, Kanana Katharangsiporn, Published on 31/08/2023
» Since the general election, the residential market has slowly improved, primarily in the middle to upper-end segment, while low-income earners continue to be affected by an uneven economic recovery.
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Cissa preps two Phuket villa projects
Business, Kanana Katharangsiporn, Published on 27/06/2023
» Phuket-based property developer Cissa Group plans to launch two new villa projects worth a combined 2 billion baht by the end of 2023 and will invest at least 4 billion baht to develop a medical centre, an international school and a retirement village next year.
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Pruksa revises business strategy
Business, Kanana Katharangsiporn, Published on 25/02/2023
» SET-listed developer Pruksa Holding has revised its business strategy to integrate residential development with healthcare and e-commerce, aiming to increase the revenue proportion from recurring income to 25% by 2028, more than triple the current figure.
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PSH to rejig precast business via transfer
Business, Kanana Katharangsiporn, Published on 17/01/2023
» SET-listed developer Pruksa Holding Plc (PSH) will dilute its shares in the precast business through a share swap with General Engineering Plc (GEL) and will co-invest in logistics with Singaporean real estate firm Capitaland and Taiwan developer Ally Logistics Property to boost recurring income.
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MontAzure preps mixed-use project in Phuket
Business, Kanana Katharangsiporn, Published on 13/10/2022
» MontAzure, a joint venture mixed-use project with Thai, Singaporean and Hong Kong-based investors, plans to develop branded residences and wellness facilities on the remaining 30% of a 454-rai plot in Phuket.
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SC Asset set to invest in logistics business
Business, Kanana Katharangsiporn, Published on 09/09/2022
» SET-listed developer SC Asset Corporation is bullish on the non-residential property business, with plans to invest in logistics and launch a new hotel in Bangkok's Ratchawat area in December this year.
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Trust to focus on real estate
Business, Kanana Katharangsiporn, Published on 07/09/2022
» Luxury property developer K.E. Group and a former major shareholder of Raimon Land have set up a private equity fund with an initial investment of 2 billion baht to co-invest in existing property projects whose developers are in need of liquidity or who want to cash out.
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