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Posted: 06 Jan 2014 | 6:00 am
As we come into the New Year it's out with the old, and in with the new.
So goes Thailand's transition from Property Funds to the more globally accepted REIT's.
According to a legal update issued by Baker & McKenzie Thailand, the end of December 2013 was the last day to submit applications from PFPO's (Property Fund Public Offerings).
Going forward property developers in Thailand will need to use the REIT (Real Estate Investment Trust) vehicles.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
One emerging hotel booking site GreenHotelWorld.com has now engaged more 5,200 green certified properties globally.
The recent relaunch and expansion plans at the famed Indonesian's sustainable resort Nihiwatu shows that luxury can fit into this niche segment.
Library of published hospitality, tourism and property market intelligence.
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