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PROPERTY

Office tower sale to help get Raimon back in the black

Business, Kanana Katharangsiporn, Published on 17/10/2024

» SET-listed developer Raimon Land (RML) is anticipating a return to profit next year, driven by the sale of an office tower on Phloenchit Road valued at 14.8 billion baht and the launch of super-luxury houses priced from 880 million baht.

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BUSINESS

Revolutionising retail: KE Group and Ally Reit join forces to launch Ally Sky rewards

Business, Kanana Katharangsiporn, Published on 26/06/2023

» KE Group has partnered with Ally Leasehold Real Estate Investment Trust (REIT) to revolutionise the retail sector with the introduction of the Ally Sky Rewards application. This loyalty programme will cater to shoppers in 11 shopping malls within Ally REIT's portfolio, making it Thailand's first loyalty programme that covers all shops across different mall brands.

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PROPERTY

Sansiri setting a standard for luxury residences

Business, Kanana Katharangsiporn, Published on 26/12/2022

» Competition in the luxury residential market is heating up, with new supply increasing and novel players emerging as demand continues to grow, with the wealthy unaffected by high inflation and recession.

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PROPERTY

NVD, KE co-invest in high-end project

Business, Kanana Katharangsiporn, Published on 16/03/2022

» SET-listed developer Nirvana Daii (NVD) has co-invested with KE Group to develop a high-end housing project worth 2.6 billion baht on New Krungthep Kritha Road, with former chief operating officer of Raimon Land, Adrian Lee, joining the development.

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BUSINESS

K.E. awaits Grey Line initiation

Business, Kanana Katharangsiporn, Published on 02/08/2018

» The second generation of family-run property developer K.E. Group plans to develop a mega mixed-use project worth 50 billion baht in the Kaset-Nawamin area once the Grey Line monorail project begins construction.

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BUSINESS

UMI aims to cover tile market

Business, Kanana Katharangsiporn, Published on 03/05/2018

» Thai tiles are expected to recover to growth this year after a contraction in 2017, but higher competition is anticipated, particularly from Chinese products, says Union Mosaic Industry Plc (UMI).