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Iris Group winds back revenue target

Iris Group winds back revenue target

Mid-sized developer Iris Group has shifted to the upper-end residential segment and revised down its revenue target for this year by a third, due to the economic and market slowdown.

04 Jul 2019 at 04:00

All Stories

  • EEC's price

    EEC's price

    A decrease in new residential supply launched in three key eastern provinces in the second half of last year helped improve the average sales rate in the location to over 70%.

    04 Jun 2019 at 06:58

  • Phuket as Asia's hub

    Phuket as Asia's hub

    Phuket is likely to see a wide range of infrastructure upgrades and development as the government is stepping up its efforts to turn it into Asia's hub for meetings.

    04 Jun 2019 at 05:40

  • Pruksa Holding pursues star architect Tom Wright

    Pruksa Holding pursues star architect Tom Wright

    SET-listed Pruksa Holding (PSH), one of the country's largest property developers, met with the architect of Dubai's Burj Al Arab to discuss the Ivy Asoke-Phromphong project s...

    03 Jun 2019 at 04:30

  • Centara plans for 134 hotels

    Centara plans for 134 hotels

    Centara Hotel and Resorts has committed to operate as many as 134 hotels, up from the current 76 properties, once a five-year growth plan is completed.

    30 May 2019 at 04:00

  • U City's B3bn fixer-upper

    U City's B3bn fixer-upper

    SET-listed real estate investment firm U City Plc, a subsidiary of BTS Group Holdings Plc, will spend 3 billion baht to develop a luxury hotel on the Treasury Department's riversid...

    30 May 2019 at 04:00

  • Risland to launch 5 projects over 10 months, worth B10bn

    Risland to launch 5 projects over 10 months, worth B10bn

    Chinese-owned, Hong Kong-based developer Risland Thailand will spend 8 billion baht to launch five residential projects in Bangkok and Phuket worth a combined 10 billion baht over the n...

    30 May 2019 at 04:00

  • Coworking space gaining popularity

    Coworking space gaining popularity

    Advances in technology, a more mobile workforce and unpredictable economic growth are starting to reshape the business environment and transform occupiers' approach to office space...

    29 May 2019 at 14:00

  • Mitsubishi eyes inner Bangkok offices

    Mitsubishi eyes inner Bangkok offices

    Mitsubishi Estate Group, one of Japan's largest real estate firms, remains upbeat on Thailand, eyeing logistics in outer Bangkok as a next venture.

    29 May 2019 at 04:00

  • Golden Land goes sleepless

    Golden Land goes sleepless

    Golden Land Property Development Plc looks set to launch the first 24-hour retail site in inner Bangkok at mixed-use complex Samyan Mitrtown in September.

    28 May 2019 at 04:00

  • Dream home

    Dream home

    Dreams of purchasing a second home or speculative investment in condo units have been stymied by tighter mortgage lending rules, with the consequences still being assessed.

    27 May 2019 at 04:30