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Search Result for “majority stake”

Showing 1 - 10 of 124

PROPERTY

Phuket investment poised to cool further this year

Kanana Katharangsiporn, Published on 10/02/2026

» Phuket's residential property development investment is set to cool further in 2026, extending its decline from a historic peak of 190 billion baht in 2024, although underlying market demand remains resilient.

PROPERTY

AssetWise to maintain focus on Phuket

Business, Kanana Katharangsiporn, Published on 09/02/2026

» SET-listed developer AssetWise expects its residential developments in Phuket to continue to lift presales and revenue this year after the island outperformed Greater Bangkok in 2025.

PROPERTY

Sena puts focus on affordable housing

Molpasorn Shoowong, Published on 29/01/2026

» SET-listed Sena Development plans to launch eight new projects this year worth 10.7 billion baht, six of which are in the affordable segment priced 1-2.5 million baht per unit, as the company wants to be the leader for affordable houses for new buyers via its rent-to-own strategy.

PROPERTY

Origin plans 17 hotels, 2 retail projects

Kanana Katharangsiporn, Published on 16/12/2025

» Origin Hotel plans to invest about 7.5 billion baht per year from 2026 to 2030 to develop 17 hotels and two retail projects through joint ventures with partners using a develop-operate-sell model.

PROPERTY

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.

PROPERTY

SCX allots B2bn for second Pattaya hotel

Business, Kanana Katharangsiporn, Published on 22/10/2025

» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.

PROPERTY

Branding revamp for Jin Wellbeing County

Business, Kanana Katharangsiporn, Published on 08/10/2025

» Thonburi Wellbeing Co, the residential development arm of SET-listed Thonburi Healthcare Group (THG), has relaunched the Jin Wellbeing County project with a new wellness-oriented branding and plans to develop the next phase with a new investor.

PROPERTY

Stecon ventures into property development

Business, Kanana Katharangsiporn, Published on 01/10/2025

» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.

PROPERTY

Expat demand keeps Sukhumvit dominant in rental market

Kanana Katharangsiporn, Published on 15/09/2025

» The Sukhumvit corridor continued to dominate downtown Bangkok's rental housing market in the second quarter, with expatriate demand, particularly from the Japanese, supporting high occupancy and driving rents up despite a slight quarterly dip.

PROPERTY

Noble investor to take control

Business, Kanana Katharangsiporn, Published on 11/09/2025

» The co-chief executive of SET-listed Noble Development, currently its second-largest shareholder, is set to become its largest shareholder, with restructuring expected to be completed by mid-2026 as part of the company's transition plans.