From Nikkei Asia · · 40s
Thai Developers Shift to Foreign Markets
Thai real estate firms increasingly buy European and US assets as domestic housing market declines.
In brief
Thai real estate firms increasingly buy European and US assets as domestic housing market declines. Thai developers are expanding into European and US real estate markets amid Thailand's housing slump. Originally reported by Nikkei Asia.
Thai housing market slumps
Thai real estate companies are buying more properties in europe amid a prolonged slump in thailand's housing market.
Sansiri's italian hotel purchase
sansiri bought this five-star hotel on lake como in northern italy.
Shift to foreign assets
thai developers look to europe and us as housing market slumps.
The takeaway
Thai developers are expanding into European and US real estate markets amid Thailand's housing slump.
