Thailand
SNC Former sells warehouse for a cool THB1 billion
AIR conditioner parts maker SNC Former has sold a warehouse and office in the Rayong Province in Thailand for THB1 billion (approximately US$29.42 million). The property was acquired by Montri…
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Thai tax changes set to benefit Bonded and free-zone warehouses
THAILAND’S value-added tax (VAT) changes are expected to impact the industrial and logistics property market by highlighting the advantages of…
Thailand vying for high tech manufacturing
THAILAND is looking to capitalise on its strategic geographical location to become the global centre for high tech manufacturing. ESR…
Unsold apartments in Bangkok reach new high
PROPERTY developers in Bangkok are facing challenges to sell housing units, as unsold inventory in Asia’s 12th most populated city…
Asia Pacific prime rents continue free fall
PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta. However, Manila,…
Foreign property investors return to Phuket
PREMIER leisure destination Phuket is witnessing a resurgence, attracting affluent overseas property buyer as Thailand’s largest island is expecting a…
Korean VC shows confidence in Asia long-stay sector
SOUTH Korea’s largest venture capital, the USD$3.2 billion Korean Investment Partners (KIP) has thrown its support behind LiveIn, long-stay rental…
Japanese department store Isetan expands in Bangkok
JAPAN'S largest department store group Isetan Mitsukoshi is expanding its brand in Bangkok, taking advantage of the growing popularity of…
JLL increases push for ESG in Thailand
LEADING real estate consultancy JLL projects Environmental, Social, and Governance (ESG) trends in 2024 will underscore the escalating desire for…