Prices of global real estate investment trusts (REITs) edged near pre-pandemic levels following the economic recovery and progress in global vaccine distribution, while Thai REITs remain the laggard despite excellent returns compared to global counterparts and government bonds, says Veena Lertnimitr, executive vice-president of Siam Commercial Bank.
As of May 21, the SETREIT, an index reflecting the overall price performance of Thai REITs, still stood at 29.9% below the pre-pandemic level as they are heavily contributed to by companies in hospitality and retail which have been heavily impacted by the pandemic.
Meanwhile, the SET Index and S&P Global REIT Index have soared to near pre-pandemic levels.
Rojukiss International PCL (SET: KISS) embraces future as Asian health & beauty leader
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Rojukiss International PCL (SET: KISS) embraces future as Asian health & beauty leader
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Rojukiss International PCL (SET: KISS) embraces future as Asian health & beauty leader
- February 19 debut on Stock Exchange of Thailand (SET)
BANGKOK, Feb 20, 2021 - (ACN Newswire) - Rojukiss International PCL (SET: KISS), an innovator in health and beauty and creator of brands Rojukiss , PhDerma , Best Korea , Wonder Herb and Sis2Sis , will move forward with its expansion plans following today s listing on the Stock Exchange of Thailand (SET). The Company is underlining its potential in the health and beauty industry, having invested in the creation of distinctive and innovative brands with wide-ranging consumer appeal as well as technology such as Mobile Skin Analysis, with both domestic and international sales channels, while setting goals for growth with a 3 billion baht revenue target for FY2024.