Thailand Real Estate Report Q1 2014 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-03 06:40:02
The Thai commercial real estate sector is proving resilient to the political turmoil in the country, with investors appearing unfazed by protests on the streets of Bangkok. Our view is that bouts of political unrest are in many ways ´the new normal´ in Thailand, and unless unrest is particularly prolonged, we do not see much impact on investor sentiment.
New rules on listing real estate investment trusts (REITS) on the Thai stock exchange are due to come into effect in January 2014. The country currently has a large number of property funds, but none will be approved once the REIT rules come into effect. While there appear to be questions over how REITS will be taxed, there have been reports that some property firms are planning to list REITS in 2014.
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