Total number of new supply in 1H 2017 increased 39% to 30,493 units compared to 21,927 units in 1H 2016. On demand front, there were 27,275 condos sold in the first half of 2017, up 11.5% from the same timeframe in 2016. New launching supply in CBD, city fringe, and peripheral were accounted of 6%, […]
The Stock Exchange of Thailand (SET) will list additional trust units of TICON Freehold and Leasehold Real Estate Investment Trust (TREIT) after finishing the conversion process of three property funds, becoming the biggest industrial real estate investment trust (REIT) in Thailand, on December 28, under the ticker symbol “TREIT”. TREIT has successfully received the transfer […]
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Strategic Property Investors Co Ltd (SPI), an independent REIT manager, has formed the Strategic Hospitality Extendable Freehold and Leasehold REIT (SHREIT) to raise up to 3.74 billion baht ($115 million) for operating three hotels in Indonesia and Vietnam. The three hotels are Pullman Jakarta Central Park, Capri by Fraser in Indonesia and IBIS Saigon South […]
Habitat Group, a Thai developer of premium property, plans to raise up to 1.5 billion baht ($46 million) in its initial public offering (IPO) scheduled for the second half of 2019. The company will use most of the IPO proceeds to acquire more lands for new developments and nearly 20-30 per cent as working capital, […]
Thai listed property developer Sansiri Pcl announced an investment of $80 million across six global technology and lifestyle companies as part of a bid to expand beyond real estate development and into the global market. Of this, Sansiri will invest about $58 million in US-based boutique hotel chain Standard International and its mobile booking application, One Night. The […]
Cross-border real estate investment in the Asia Pacific region could achieve a record high this year as foreign investors shore up interest and seek assets in greener pastures beyond borders. As it stands, year-to-date intra-regional cross-border transaction volumes have already exceeded the previous 10-year record high in 2015 (1Q15-3Q15) by 30 per cent, and is […]
When we think about green buildings, we are often interested in aspects like energy consumption and efficient energy usage to minimize the environmental impact. While these are critical elements, we often overlook how green buildings also impact the health, wellbeing and productivity of their occupants. If your workplace is in Thailand, especially in Bangkok, you […]
