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Thailand: Real estate investment soars

Posted on 22 February 2013

Real estate investment in Thailand surged 81.8% to US$2 billion last year from $1.1 billion in 2011 as overall investment picked up on the back of strong property fund activity. As in neighbouring countries, Thailand’s investment activity was boosted by the listing of major property funds and active acquisitions, particularly in the hotel and office sectors, said the California-based property consultant DTZ, a unit of Australia’s UGL Ltd.
Transactions by listed property funds or public funds for public offering (PFPOs) totalled $1.1 billion last year, representing 55% of total investment in Thailand……………………………………Full Article: Source


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