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Frasers Property Thailand to develop Bangkok CBD commercial property
published : 27 Apr 2021 at 13:06
Frasers Property (Thailand) Public Company Limited, or FPT, the first fully integrated real estate platform in Thailand, continues its growth momentum with a newly acquired building in Silom, Bangkok’s CBD, to strengthen its commercial’s portfolio.
This expansion is in line with the company’s growth strategy and its investment plan to secure sustainable revenue streams from recurring income business.
Pursuing a vision for sustainable growth, FPT is investing THB 1,800 million to acquire and develop the commercial property located at the junction of Silom and Rama IV roads, adjacent to Saladang BTS station and Silom MRT station. The new leading mixed-use building will consist of office and retail space serving premium office location demands in the market. This new mixed-used project offers 22 stories and two floors of basement parking, totallin
AP Thailand kicks off AP ScaleUp Batch 1 to bring Thai SMEs up to speed bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Press Release26 April 2021
Malmaison, Hotel du Vin and Frasers Hospitality UK Raise Awareness of Mental Health with The Burnt Chef Project
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Today, UK boutique hotel brands Malmaison and Hotel du Vin, alongside Fraser Suites and Fraser Place properties across the UK, are partnering with The Burnt Chef Project, a non-profit campaign committed to removing the stigma and raising awareness of mental health issues within the hospitality industry. Advertisements
The three brands, operating under Frasers Hospitality s global business, have committed to a range of fundraising initiatives for the project within their properties. All donations made will go directly to help fund mental health training and resource materials, including The BurntChef 24/7 support service and The Burnt Chef Academy, to help open up and normalise conversations around mental health within the UK hospitality industry.
BANGKOK, 22 April 2021: S Hotels and Resorts Public Company
Limited (SET: SHR) has disclosed it will shed underperforming hotel assets in
the UK as part of its strategy to optimise its portfolio and maximise returns.
In February 2021, S Hotels & Resorts invested THB560 million to purchase additional 50% stakes in 26 of its portfolio of 29 UK hotels, raising its total ownership of those properties to 100%.
The hospitality arm of Singha Estate PCL (SET: S), S Hotels and Resorts, made the announcement Wednesday on what it described as a “limited divestment strategy.” It will start with the sale of the 73-key Mercure Newbury Elcot Park S Hotels & Resorts valued at UKP4.25 million (THB182 million).