Showing 1 - 9 of 9
Raimon Land steps up sale of major holdings
Business, Kanana Katharangsiporn, Published on 03/12/2025
» SET-listed developer Raimon Land (RML) is accelerating the sale of major assets, including its 8.4-billion-baht stake in the One City Centre (OCC) office tower, as part of efforts to enhance liquidity in the first quarter of 2026.
Survival strategy of developers
Kanana Katharangsiporn, Published on 31/03/2025
» SET-listed developers are exploring ways to diversify risks and increase revenue as the residential slowdown lingers, with projections indicating it will persist for a few more years.
Condo developers struggle with B80bn debt mountain
Kanana Katharangsiporn, Published on 13/03/2025
» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).
Bangkok condo price dip anticipated
Business, Kanana Katharangsiporn, Published on 11/03/2025
» Significant discounts on completed unsold inventory of Bangkok condos will be required to attract prospective buyers and investors, as developers grapple with mounting pressure from loans totalling over 156 billion baht, due for repayment this year.
RML adds flagship One City Center property to REIT
Nareerat Wiriyapong, Published on 23/12/2024
» Raimon Land Plc (RML) plans to include its flagship One City Centre (OCC) property in central Bangkok, valued at 14.8 billion baht, in a real estate investment trust (REIT) as part of its strategy to enhance long-term financial stability.
Narongdej family fully backs Raimon Land's capital increase
Business, Nareerat Wiriyapong, Published on 04/09/2024
» The Narongdej family is fully committed to Raimon Land's (RML) ongoing capital increase, says the company's chairman, noting that the completed and ongoing projects of the listed luxury property developer would generate more than 30 billion baht in revenue over the next 1-3 years.
Nusasiri shares fall after SET issues deadline
Business, Nareerat Wiriyapong, Published on 24/01/2024
» Shares of Nusasiri Plc (NUSA) dipped by nearly 6% on Tuesday after the Stock Exchange of Thailand (SET) set a deadline of Jan 25 for the property developer to clarify facts about its request to the Civil Court to revoke its share swap with Wind Energy Holding (WEH).
When will Hong Kong property prices recover? Not any time soon
South China Morning Post, Published on 04/08/2023
» The extended weakness in Hong Kong's residential property market has been an unusual and unpleasant experience for many of us. Property turnover fell 40% last year with buyers waiting for price falls and sellers unwilling to sell at these prices.
R Kelly pleads not guilty to sex abuse
AFP, Published on 26/02/2019
» CHICAGO: R&B superstar R Kelly on Monday pleaded not guilty to 10 counts of aggravated criminal sex abuse against four victims, three of them minors.