Centre Point moves out of apartments

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Centre Point moves out of apartments

16 May 2013 : Centre Point Hospitality, a subsidiary of the SET-listed developer Quality Houses Plc (QH), has repositioned its business to focus on hotels instead of serviced apartments to capitalise on the growing number of tourists and expats in Thailand.
RETAIL Community mall boom continues

13 May 2013 : Bangkok's appetite for shopping and its rapidly growing suburbs are driving expansion in the retail property sector, with new malls due to open throughout this year, according to property consultant Colliers International Thailand.

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INVESTMENT
Tesco Lotus property fund seeks more assets
10 May 2013 : The Tesco Lotus Retail Growth Freehold and Leasehold Property Fund (TLGF) plans to grow in the second half of the year dependent on market demand and stock market regulations.
Central Pattana plans foreign expansion
03 May 2013 : Central Pattana Plc (CPN), the SET-listed retail developer, has decided to proceed with two or three foreign projects that were previously on the waiting list over concerns it may lose opportunities arising from Asean economic integration.
RETAIL
Mall Group targets Chinese tourists
01 May 2013 : The Mall Group is negotiating with Chinese financial institutions to help draw tourists from China to shop at its complexes.
RETAIL
True boosts online shopping mall
01 May 2013 : True Digital Content and Media Co, the e-commerce arm of True Corporation, is spending 100 million baht to boost its new online shopping website in a bid to cash in on e-commerce.
RETAIL
Central forges ahead with its own cash-and-carry brand
30 Apr 2013 : After losing its bid to buy Siam Makro, Central Retail Corporation (CRC) quietly expanded into the cash-and-carry retail segment to capture small businesses and grocery store operators.
SET to probe Siam Makro trades
25 Apr 2013 : The Stock Exchange of Thailand (SET) will investigate trading that preceded the announcement of the country's largest takeover bid, the purchase of discount wholesaler Siam Makro Plc (MAKRO) by 7-Eleven chain operator CP All Plc (CPALL).
CP All shares hit by 'high' Makro price
25 Apr 2013 : CP All Plc's shares yesterday slid to their lowest level in four and a half years on worries that its offer price for Siam Makro Plc is too high.
RETAILING
Power Buy picks new chief from UK to lead expansion
25 Apr 2013 : Power Buy Co has recruited a foreigner to lead the electronics store chain as it prepares to expand in Asean once the single market forms in 2016.
RETAIL
CP All pays B189bn for Makro
24 Apr 2013 : CP All Plc, the local operator of 7-Eleven convenience stores in Thailand, is extending its market dominance in the 2.2-trillion-baht retail market with the acquisition of Siam Makro Plc's cash-and-carry chain for 188.88 billion baht.
Deal gives CP All space
24 Apr 2013 : CP All's 188.88-billion-baht takeover of Siam Makro, the biggest merger or acquisition in the global retail sector this year, will be a springboard for the local operator of 7-Eleven stores to enter the cash-and-carry market and expand abroad, say analysts.