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BUSINESS

Foreigners keen on buying city offices

Business, Kanana Katharangsiporn, Published on 15/05/2018

» Foreign investors are eager to acquire office buildings in Bangkok because of a shortage of new supply, very low vacancy rates and an increase in rents, says property consultant JLL Thailand.

BUSINESS

Nine sponsors line up TV campaigns for football festival

Business, Kanana Katharangsiporn, Published on 16/05/2018

» Nine companies sponsoring live broadcasts of this year's FIFA World Cup from Russia announced the launch of a series of campaigns dubbed "Sawadee World Cup" yesterday with a combined investment of over 600 million baht during the June 14 to July 15 tournament.

BUSINESS

Three listed developers report growth

Business, Kanana Katharangsiporn, Published on 17/05/2018

» Three SET-listed property developers -- Supalai Plc (SPALI), SC Asset Corporation Plc and Univentures Plc (UV) -- posted growth in presales and revenue in the first quarter, with low-rise houses a key driver.

BUSINESS

Hongkong Land, CPN target office tower

Business, Kanana Katharangsiporn, Published on 17/05/2018

» Hong Kong-based property investment group Hongkong Land Ltd is committed to long-term investment in Bangkok, wanting to develop a high-end office tower through a joint venture with Central Pattana Plc (CPN).

BUSINESS

The Great Room expanding to Bangkok

Business, Kanana Katharangsiporn, Published on 22/05/2018

» SINGAPORE: Singaporean co-working space The Great Room is expanding to Bangkok at two sites: Gaysorn Tower with an investment of over 100 million baht, expected to open next month, and Sindhorn Tower in the fourth quarter.

BUSINESS

Sansiri, Tokyu eye fourth joint venture

Business, Kanana Katharangsiporn, Published on 24/05/2018

» TOKYO: SET-listed developer Sansiri Plc and Tokyu Corporation, a major private Japanese railway firm, plan to develop a fourth joint venture condominium in Thailand worth 3 billion baht in Sri Racha.

BUSINESS

Expanding space for co-working

Business, Kanana Katharangsiporn, Published on 28/05/2018

» The market for co-working space in Thailand is growing quickly, estimated to increase by 25% this year, driven by both local and international players.

BUSINESS

Rents 'may rise' on regulations

Business, Kanana Katharangsiporn, Published on 29/05/2018

» Apartment rents are likely to increase after the Office of the Consumer Protection Board's (CPB) new regulations that control lease contracts for residential properties took effect on May 1, say legal and property consultants.

BUSINESS

Sangfah going it alone on Sri Racha condo

Business, Kanana Katharangsiporn, Published on 30/05/2018

» Contractor Sangfah Construction Co plans to launch its first wholly owned development project, Yuu Sriracha condominium, worth 1.7 billion baht in Sri Racha by August after taking over the project from SET-listed developer Nusasiri Plc last month.

BUSINESS

AP anticipates stepped-up sales

Business, Kanana Katharangsiporn, Published on 02/06/2018

» SET-listed developer AP Thailand Plc is confident in a robust economy this year, planning to launch a total of 35 projects worth a combined 54.4 billion baht in the second half.