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Top Thailand Property News Of The Week - 25 May 2020

May 29, 2020
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The top residential and commercial real estate news of the week - 25 May 2020

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.

Centara introduces safety standards
Bangkok Post
Centara Hotels & Resorts is ramping up efforts to open hotels under new safety standards with the launch of Centara Complete Care.

Central to take over FamilyMart
Bangkok Post
Central Retail Corporation Plc (CRC) has acquired 100% of the shares of FamilyMart, a major convenience store chain, as it moves forward to develop a new business model to cater to modern consumers.

Malls confident about third-stage reopening
Bangkok Post
Central Pattana Plc (CPN), the operator of Central shopping complexes, and Siam Piwat Co, the operator of Siam Center, Siam Discovery and Siam Paragon, confirmed on Thursday...

Megabangna sees 80% of shoppers return and spend
Bangkok Post
With about 80% of shoppers at Megabangna resuming their shopping after one week of reopening, operator SF Development is set to continue all of its expansion plans...

Beachfront hotels in Phuket staying closed until Q4 revival
Bangkok Post
Seaside hotels in Phuket will remain closed until the fourth quarter of this year, as international tourist demand is expected to return at a slower pace and selling advance vouchers to locals is considered ineffective.

Global supply chain renovation
Bangkok Post
The pandemic and the subsequent lockdowns have wreaked havoc on global supply chains, particularly in China, the world's manufacturing hub.

House sets date for loan decree debate
Bangkok Post
The government and opposition whips on Friday agreed the scrutiny of three decrees to fund Covid-19 relief schemes and stabilise the economy will take place over five days this month.

Housing market escapes crisis thanks to balancing of demand and supply.
The Nation
The Covid-19 crisis has impacted the housing market in the first quarter of 2020 not only in investments but also sale of housing but the slowing of demand and supply has balanced the market...

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