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BUSINESS

Ananda to launch 5 projects

Business, Kanana Katharangsiporn, Published on 19/02/2021

» After freezing new project launches last year, SET-listed developer Ananda Development Plc will open five condo projects in Bangkok worth a combined 24.4 billion baht in 2021.

BUSINESS

Real Asset looks to Greater Bangkok for growth

Business, Kanana Katharangsiporn, Published on 29/01/2021

» Real Asset Development Co, a property firm owned by Somporn Juangroongruangkit, is looking for land plots in outer-city locations near current mass transit lines and is open to joint ventures and acquisitions.

BUSINESS

Principal Capital to expand portfolio

Business, Kanana Katharangsiporn, Published on 27/01/2021

» Principal Capital Plc, an operator of a private hospital network, plans to divest three commercial properties worth 6 billion baht to add six new hospitals to its portfolio and 100 chain clinics nationwide as well as develop five "self-reliance" elderly care facilities in Greater Bangkok by 2023.

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BUSINESS

Taking the long view

Business, Kanana Katharangsiporn, Published on 24/11/2020

» SET-listed developer SC Asset Corporation plans to develop three micro-stay hotels under the Yanh brand in the Ratchawat and Huai Khwang areas, as well as on Pattaya Sai 2 Road as it remains confident in a tourism recovery within the next few years.

BUSINESS

PSH cuts launches, targets revenue

Business, Kanana Katharangsiporn, Published on 18/11/2020

» After cutting the number of new launches this year to 13 projects, SET-listed developer Pruksa Holding (PSH) aims to resume revenue growth next year by launching 30-35 new sites worth a combined 30 billion baht.

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BUSINESS

Wellness project eyed in Phangnga

Business, Kanana Katharangsiporn, Published on 10/11/2020

» Property developer Cissa Group and V Plast Medical Group plan to spend 3.5 billion baht for a wellness hospital and resort development, Natai Medical Center & Resort, in Phangnga to tap individual investors.

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BUSINESS

Rayong residential market to see rebound in 2021

Business, Kanana Katharangsiporn, Published on 29/10/2020

» The residential market in Rayong will improve next year, led by low-rise housing segment, while a recovery in Chon Buri is foreseeable in 2022, according to the Real Estate Information Center (REIC).

BUSINESS

AWC keen on ailing hotels

Business, Kanana Katharangsiporn, Published on 27/10/2020

» SET-listed Asset World Corp Plc (AWC), a property arm owned by the Sirivadhanabhakdi family, is continuing with its investment plan of 30 billion baht for 2021-25 and is keen to buy cash-strapped hotels in Thailand.

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BUSINESS

Singha, Hongkong Land both upbeat

Business, Kanana Katharangsiporn, Published on 20/10/2020

» Hong Kong-based investment group Hongkong Land and SET-listed developer Singha Estate remain confident in the Thai property market over the long run.

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BUSINESS

Country Group puts new projects on hold

Business, Kanana Katharangsiporn, Published on 09/09/2020

» SET-listed Country Group Development is freezing new development plans in the second half but says it will still open two luxury hotels this year.