Top Thailand Property News Of The Week - 5 April 2021
The top residential and commercial real estate news of the week - 5 April 2021
CBRE’s weekly property news snapshot features the latest residential and commercial real estate stories in Thailand and elsewhere that you cannot afford to miss - be it regarding residential, industrial, retail, office, hotel, land, or investment property.
Uniqlo owner Fast Retailing lifts full-year profit outlook as China shines
Japan’s Fast Retailing, the owner of clothing brand Uniqlo, on Thursday reported a 23% jump in half-yearly operating profit and raised its full-year profit estimate, helped by a robust performance in China.
Confronting a new era of supply chain volatility
As Covid-19 threw fragile global supply chains into disarray, many companies were stunned by their own vulnerability. The risk of depending on a supply base that is concentrated in one geographic region has been increasing over the past 30 years, but the pandemic quickly demonstrated how much chaos and pain one unexpected event could inflict.
Asset Management as Key to Manage Real Estate Risks in 2021
Thailand’s real estate market is both competitive and dynamic with developers and investors facing many challenges, no more so than in 2021. With many developers rescheduling their projects, and investors revisiting their portfolio strategies.
REITs tipped to offer 10-15% returns this year
Real estate investment trusts (REITs) and infrastructure funds are likely to offer attractive returns of around 10-15% this year, bolstered by the reopening of international travel and the prospects of higher hotel occupancy rates, says Win Phromphaet, chief investment officer at Principal Asset Management.
Phuket developer touts guaranteed yield strategy
With the pandemic ravaging the tourism industry and slowing the property market on the islands, a local developer is pivoting to a guaranteed yield strategy, aiming to sell to buyers and rent to uncertain workers.
In search of a lasting recovery
The Covid-19 pandemic has caused severe social and economic damage, setting back development gains by years. It has also exposed the lack of preparedness of many countries for dealing with such a shock.