Showing 1 - 10 of 84
Singapore data centre deal valued at US$5.1 billion
Business, Suchit Leesa-nguansuk, Published on 05/02/2026
» Global investment firm KKR, communications technology group Singtel, and ST Telemedia have signed definitive agreements for funds managed by a KKR-Singtel consortium to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (roughly US$5.1 billion).
Luxury condos experience growth as Bangkok demand surges
Business, Kanana Katharangsiporn, Published on 04/11/2025
» Despite the global economic slowdown, Bangkok's ultra-luxury condo market continues to grow, fuelled by sustained demand from Thailand's wealthy elite and foreign investors, according to property consultancy Colliers Thailand.
Central Park mall launch ups rivalry
Business, Kuakul Mornkum, Published on 05/09/2025
» The rejuvenation of a stretch of Rama IV Road continues with the opening of Central Park, Central Pattana Plc's (CPN) 43rd department store, at the intersection of Silom and Rama IV roads.
CPN sinks B500m into Songkran events
Business, Kuakul Mornkum, Published on 04/04/2025
» SET-listed retail and property developer Central Pattana Plc (CPN) is investing 500 million baht in the nationwide "Thai Maha Songkran" festival and plans to host more than 1,000 events across 28 branches nationwide.
Frasers targets luxury housing
Business, Kanana Katharangsiporn, Published on 19/03/2025
» Developer Frasers Property (Thailand) Plc (FPT) plans to launch a branded residential project on Lang Suan Road and housing units in an industrial estate in Bang Na over the next few years, driven by strong demand in the luxury and industrial sectors.
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.
SCOPE Langsuan boasts top rental rate
Business, Published on 27/11/2024
» SCOPE Langsuan, a super-luxury freehold condo on Lang Suan Road, has achieved the highest rental rate in Bangkok, reaching 2,500 baht per square metre per month, attributed to strong demand and the limited supply of properties in the area.
Bangkok office blocks told to upgrade 'to survive'
Business, Kanana Katharangsiporn, Published on 02/04/2024
» Older office buildings in Bangkok should accelerate their upgrades as existing tenants are relocating to new prime towers, widening the gap in rents, says property consultant Jones Lang LaSalle (Thailand) (JLL).
Influx of mixed-use projects poised to transform market
Business, Kanana Katharangsiporn, Published on 05/03/2024
» An influx of new property supply from 10 world-class mixed-use development projects located in the central business district (CBD) is set to transform Bangkok and Thailand, according to property consultant Jones Lang LaSalle (Thailand) (JLL).
JLL sees commercial real estate prospering in 2024
Business, Kanana Katharangsiporn, Published on 29/02/2024
» The commercial property sector will continue to be robust as the growth seen in tourism and manufacturing sectors in 2023 is expected to continue this year, according to property consultant Jones Lang LaSalle (Thailand) Limited (JLL).