Raimon Land Plc was listed on the Stock Exchange of Thailand in 1994 with a primary focus on premium residential properties in Bangkok and upcountry resort destinations.
The company is currently planning and developing various properties in Bangkok, Pattaya and Phuket. CEO Hubert Viriot discusses the firms strategies and outlook.
Please explain Raimon Lands business model.
Raimon Land is a property real estate developer focused primarily on the high-end residential segment in major urban and resort locations in Thailand.
Units at The River are expected to be transferred during 2012 while construction of 185 Rajadamri has broken ground with piling completed. Bouygues, one of the top contractors in the world, has the main construction contract for this high-profile project, a pledge of our commitment to a quality project and timely delivery. Finally, all units at Northpoint Pattaya have now been transferred with a handful left for sale.
We are looking at diversifying our core business to reduce our reliance on a single income stream. Our aim is to have a more balanced business profile which includes two to three tiers of high-end residential development projects. The recent launch of Zire Wongamat, which encompasses the Raimon Land “luxury” DNA within a more affordable envelope is a first step in this direction. We are also planning to develop income-generating assets alongside our core residential project.
Read The rest.
Is There a Silver lining amid COVID-19?
Thinking of the future impact of this pandemic on office buildings, it may have already dawned on many of us that a majority of potential long-term trends and health measures will become permanent work-life features in the times to come.
The time is ripe to embrace Industry 4.0
Traditional brick-and-mortar retail has suffered tremendously, as countries have been implementing effective stay-at-home and social distancing policies to mitigate virus spread, while those worst hit have enacted strict draconian lockdowns
We have entered a time where, seemingly, interconnectedness is the new enemy, staying in is the new going out, and antisocial is the new social. COVID-19 has brought us on the cusp of growing accustomed to new norms and sounded a wake-up call in terms of how we live.
Covid-19 puts flexible space markets under strain
In the wake of operator defaults, landlords will be forced to re-evaluate the role of flexible space in their portfolios.
The global Covid-19 outbreak has had serious negative effects on commercial real estate, including flexible space. Of late, many operators have experienced the flexible nature of the business working against them, as many occupiers have opted to surrender desks and implement work-from-home plans.
Subscribe via Email
Thai fruit exports to FTA markets up 107 percent
China, Malaysia, Singapore, Indonesia, the Philippines, Hong Kong, Australia and Chile are top importers of Thai fruits, especially fresh durian,...
Digital Revolution and Repression in Myanmar and Thailand
Activists have also proactively published social media content in multiple languages using the hashtags #WhatsHappeningInMyanmar and #WhatsHappeningInThailand to boost coverage...
3 Reasons to Be Optimistic About the Baht Right Now
Probably one of the most important factors for the rise of the Baht is the continued weakness of the US...
Will Thailand’s plan for quarantine-free tourism set a global trend?
According to the Tourism Authority of Thailand, the quarantine-exemption measures implemented in Phuket will be extended to five other key...
Thailand Approves Latest Economic Relief Package for Businesses
Some 250 billion baht (US$8 billion) was allocated for soft loans while the remaining 100 billion baht (US$3.2 billion) will...
Southeast Asia remains a hot spot for plastic pollution
The use of plastics is deeply embedded in our daily lives, in everything from grocery bags and cutlery to water...