Showing 1 - 6 of 6
JLL Thailand anticipates double-digit growth in 2025
Business, Kanana Katharangsiporn, Published on 28/11/2024
» Property consultant JLL Thailand expects to sustain its growth in 2025, building on a 30% increase in 2024, the largest in five years, driven by hotel transactions, land deals, property management and consultancy services.
Property Perfect chops presales, revenue outlook
Kanana Katharangsiporn, Published on 27/11/2024
» SET-listed developer Property Perfect halved its 2024 presales target to 8.2 billion baht and cut its revenue projection by 20% to 8.8 billion baht, marking the second revision this year, as it plans to sell riverside hotel Royal Orchid Sheraton for 6 billion baht next year.
Sansiri banking on Standard deal to drive profit
Business, Molpasorn Shoowong, Published on 28/08/2024
» Selling shares of US-based lifestyle hotel Standard International will drive net profit to reach a new high this year for SET-listed developer Sansiri.
Sansiri sells Standard shares to Hyatt
Nuntawun Polkuamdee, Published on 21/08/2024
» Shares of Sansiri Plc (SIRI) rose by nearly 5% on Wednesday after Thailand’s leading property developer announced an agreement to sell shares of the US-based lifestyle hotel Standard International to the Hyatt group for US$355 million.
Property Perfect plans cautious strategy
Business, Kanana Katharangsiporn, Published on 28/02/2024
» SET-listed developer Property Perfect is taking a more cautious approach this year, focusing on debt reduction and launching fewer new projects because of stricter funding rules for both supply and demand.
Property Perfect records hotel revenue surge in Q1
Business, Kanana Katharangsiporn, Published on 05/04/2023
» SET-listed developer Property Perfect recorded hotel revenue growth of more than four times in the first quarter of 2023 thanks to a robust recovery in the tourism sector.