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Textile Group Is Back in the Real Estate Game in Thailand.

Bangkok Post (Bangkok, Thailand)

| June 03, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Jun. 3--Boutique 16, Thakral Group's first development in 11 years, is a seven-storey condominium building with 14 luxury units from 145 to 197 sq m each, with selling prices between 68,500 to 80,000 baht per sq m.

The Thakral Group, a leading textile group, is returning to invest in the property business after an 11-year hiatus with the launch of an exclusive condominium on Sukhumvit Soi 16.

The group has established a new venture, Boutique Land, with 45 million baht in registered capital to handle the investment.

"We came back after 11 years of no new project developments because the property market is booming again. We will invest more ...

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Source: HighBeam Research, Textile Group Is Back in the Real Estate Game in Thailand.