Charn Issara Property Fund Targets Mixed-Use Resort Strategy

Posted: 07 Apr 2010 | 6:00 am

Leading Thai listed property development firm Charn Issara will continue to diversity into mixed-use destination resort real estate through a new property fund. Plans have been made public for a mid year offering which will see the luxury 40 key Sri Panwa resort valued at THB 1.7 billion injected into the fund.

While its core Bangkok based urban residential model has flourished during the past year's condo surge, plans call for mixed use developments in Phuket, Samui and Hua Hin which will include further moves into the hotel sector.

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