#Latest news with #WallapaTraisoratBloomberg27-02-2025BusinessBloombergThai Tycoon's Property Unit Plans to Double Assets to $9 BillionA Thai developer of hotels and shopping malls controlled by the country's second-richest man plans to double its assets over the next five years on expectation tourism growth and economic recovery will drive demand for accommodation and office space. Asset World Corp. will increase the size of its operating assets such as hotels, office buildings and shopping malls to more than 300 billion baht ($8.9 billion) by end of 2029 from about 150 billion baht now, said Chief Executive Officer Wallapa Traisorat. The expansion will come from new acquisitions and greenfield constructions, she said.
Bloomberg27-02-2025BusinessBloombergThai Tycoon's Property Unit Plans to Double Assets to $9 BillionA Thai developer of hotels and shopping malls controlled by the country's second-richest man plans to double its assets over the next five years on expectation tourism growth and economic recovery will drive demand for accommodation and office space. Asset World Corp. will increase the size of its operating assets such as hotels, office buildings and shopping malls to more than 300 billion baht ($8.9 billion) by end of 2029 from about 150 billion baht now, said Chief Executive Officer Wallapa Traisorat. The expansion will come from new acquisitions and greenfield constructions, she said.
27-02-2025
