The End Of Thai Property Funds
Category: Real estate, Posted:06 Jan 2014 | 06:00 am
As we come into the New Year it's out with the old, and in with the new.
So goes Thailand's transition from Property Funds to the more globally accepted REIT's.
According to a legal update issued by Baker & McKenzie Thailand, the end of December 2013 was the last day to submit applications from PFPO's (Property Fund Public Offerings).
Going forward property developers in Thailand will need to use the REIT (Real Estate Investment Trust) vehicles.
Destination Ink Radisson For Patong HotelCategory: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]