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Thai Real Estate Brokerage Franchise ERA Takes on Property Management.

Bangkok Post (Bangkok, Thailand)

| February 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

Byline: Kanana Katharangsiporn

Feb. 3--ERA Franchise (Thailand) Co, a leading property broker, is branching out into property management to diversify its revenue streams, according to managing director Cosintr Comain.

It entered the business late last year by sealing a deal to manage the 100-unit Mor Mai Resort in Pak Chong, Nakhon Ratchasima.

It is now negotiating to manage another large resort in Khao Yai as well as looking for a shopping mall and office buildings in Bangkok to manage on behalf of a property fund in Singapore. "ERA will guarantee a 10 percent yield of investment to the fund for two years," he said.

Mr Cosintr said ...

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