Categories: Business

Laguna, Allianz and a Big 2018

Today’s roundup starts with a story from The Thaiger on Laguna and how their development has helped to shape the island of Phuket. A variety of projects spanning thousands of units built, sold and lived-in prove the impact of real estate developers and investment tourism on local markets.

The next item comes from Singapore Business Times about Allianz Real Estate‘s recent and upcoming efforts to expand to 3rd party investors and focus more on their Asia Pacific investments in 2019 under the guidance of Asia Pacific CEO Rushabh Desai.

And finally we end our first story with a nice end-of-the-year piece from the Bangkok Post concerning some of the biggest Thailand property deals closed in 2018 including a 23 rai plot of land on Wireless Road sold for THB 18 billion to Hongkong Land and Central Group as a joint venture consortium, and the acquisition of Thailand’s tallest skyscraper, MahaNakhon (excluding the condo) to King Power.

Happy 2019 to all, and if you need a resolution, get started on your Thai job search today!

The Watcher

Just providing useful property and real estate news in Phuket and Thailand to readers worldwide. Managing editor Paulie Gualtieri has lived in Thailand for five years, working with a local property firm to gain valuable insights on the property markets and real estate trends in Thailand.

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