BUSINESSBLOOMBERG
Thai Hotel Giant Minor International Delays $1 Billion REIT Plan
Minor International Pcl, noted as Thailand’s biggest hotel and restaurant operator, has postponed plans for its first real estate investment trust (REIT). This planned REIT was valued at approximately $1 billion. The company made this decision due to deteriorating market conditions.
Mentioned
Related Signal
Adjacent reporting
- Philippines’ PLDT Seeks Up to $400 Million From REIT Listing
- IOI Properties Files REIT Listing That May Raise $500 Million
- JD.com-Backed Group Is Said Near to REIT IPO Filing in Singapore
- Saudi Contractor MGC Said to Postpone $799 Million Riyadh IPO
- Thailand to Pare 7,000 Business Rules to Lure Foreign Investment