Charn Issara launches property fund worth B2bn | Bangkok Post: business

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Charn Issara launches property fund worth B2bn

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Charn Issara Development (CI), a SET-listed property developer, expects to book a one-time gain of 600-700 million baht in the next quarter from selling some assets to its new property fund. 

The Sri Panwa Phuket, which opened three years ago, has enjoyed revenue growth of 23%.

Launched yesterday, the freehold Sri Panwa Property Fund (SPWPF) has an asset size of 2 billion baht.

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