Weekly Thai Real Estate News Roundup, Week 7, 2022
PropertyScout Begins Year With Multiple Acquisitions
The leading Thai Proptech PropertyScout announced its growth plans led by the acquisitions of Fresh Property and assets of Piri Property, two well-known and long-established real estate agencies in Bangkok.
Both Pierre Leung of Fresh Property and Felix Wittlinger of Piri Property joins as Sales Directors, leading teams of property consultants and bringing along their vast market knowledge, industry connections, and sales expertise.
Building a trusted partner network has become a primary focus for PropertyScout in 2022. As such, the company continues to scout for suitable agencies in all major cities across Thailand to further support the company's growth.
Source: https://propertyscout.co.th/en/news/propertyscout-begins-2022-multiple-acquisitions/
First Real Estate Auction by The Royal Property Bureau
The Royal Property Bureau has announced an open auction of leasehold real estate consisting of a total of 19 properties in Bangkok and Nakhon Pathom province.
Those interested can find more information from www.crownproperty.or.th or contact 0-2787-7086-88 and 0-2787-7092-94. The auction will take place from the 4th of February until the 11th of March 2022.
Source: https://www.ryt9.com/s/prg/3296236
PEACE - New Real Estate Stock In Trading Market
Peace and Living Plc. has listed the company on the Stock Exchange of Thailand under the real estate and construction sector by using the name PEACE.
It consisted of 336 million baht existing ordinary shares, and 84 million baht newly-issued ordinary shares that have been offered to the public (IPO) at a price of 3.98 baht per share.
Mr. Prasopsak Sirisophana, Chief Executive Officer of PEACE, revealed that the listing of the company's ordinary shares on the SET will strengthen its capital. This will allow the company to expand its real estate development
