Weekly Thai Real Estate News Roundup, Week 24, 2023

Raimon Land Unveils OCC, an Exquisite Luxury Office Building

Raimon Land, in partnership with Mitsubishi Estate, has unveiled OCC, a prestigious luxury office building situated in the sought-after Ploenchit area. Built under the concept of 'REIMAGINE YOUR WORLD,' OCC seamlessly combines business and lifestyle amenities, promising an exceptional experience for its occupants. Adding to its allure, OCC has plans to introduce a Sky Bar and restaurant by the end of this year, further enhancing its appeal as a comprehensive destination. With its official opening scheduled for July 1st, OCC aims to meet the evolving demands of the new generation.

For More Information: https://www.bangkokbiznews.com/property/1073537

Property Perfect launches promotion to boost market and increase sales

Property Perfect Co., Ltd., under the leadership of Mr. Wongsakorn Prasitvipat, has recently unveiled an enticing promotion aimed at revitalizing the market and driving sales in the second quarter. This strategic move is aligned with the company's commitment to cater to the needs of customers searching for townhouses and detached houses by offering attractive pricing and favorable conditions. As part of this campaign, residents will have the privilege of selecting either fully furnished units or plus corner units situated in proximity to picturesque lake, garden, and clubhouse areas. This comprehensive offering is set to create a buzz and capture the attention of those in search of their dream homes.

For More Information: https://www.bangkokbiznews.com/property/1073050

One Origin's IPO: 702.8 Million Shares at 50 Satang Each

ONEO, a leading property company, has announced its intention to go public through an initial public offering (IPO). The primary objective of the IPO is to raise funds for project development, business expansion, and loan repayment. ONEO's diverse business portfolio includes hospitality, retail, office space, and food and beverage establishments, catering to a wide customer base that includes popular tourist destinations in Thailand and industrial estates in the Eastern Economic Corridor (EEC). Siam Commercial Bank (SCB) has been appointed as the company's financial advisor, and the necessary applications for securities issuance have been submitted. The IPO will offer shares to the general public, as well as to directors, executives, and employees of ONEO and its subsidiaries. ONEO aims to excel in real estate development and services while prioritizing employee well-being, fostering partnerships, and demonstrating social responsibility.

For More Information: https://www.prachachat.net/property/news-1321448

Pruksa tackles political risks with robust portfolio for the second half of the year

In an exclusive interview with "Prachachat," Piya Prayong, CEO of Pruksa Real Estate Co.,Ltd, discusses the company's investment strategy following the recent general election. Despite a decrease in the number of housing and condominium projects to 23 in 2023, the total value of these projects remains substantial at 23.5 billion baht, solidifying Pruksa's position among Thailand's top 10 real estate brands. With this in mind, careful attention must be given to adjusting the investment strategy for the upcoming half-year period.

For More Information: https://www.prachachat.net/property/news-1316663

CP Land to Demolish 13 Thai Office Buildings, Targets 90% Rental Occupancy by 2025

CP LAND Company plans to expand its office space rental business, CP Tower, across 13 projects nationwide. With a focus on technology-driven quality, service, convenience, and security, the company aims to become a leading provider of office buildings in central and downtown areas. By 2025, they aim to achieve a 90% occupancy rate for CP Tower spaces in these projects. The CP Tower brand currently includes 4 office buildings in Bangkok and 9 in other provinces, all meeting high standards. CP Tower Khon Kaen boasts the highest occupancy rate at 84%, showcasing its popularity among customers in various provinces.

For More Information: https://www.prachachat.net/property/news-1318197