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Thai Real Estate Investment Soared On Back Of Property Fund Activity

KTAM Aims to Become Thailand’s Leading Property Fund,Increasing Assets Under Management to 11.3 Billion

The Bangkok Post reported on Thursday, 22 February that real estate investment in Thailand soared by 81.8 percent to $2 billion (1.3 billion)in 2012, nearly double the $1.1 billion (720 million) in 2011, as property funds markedly increased their investment activity.

According to property consultant DTZ, Thailand’s real estate market was boosted by the listing of major property funds and a high number of acquisitions, particularly in the office and hotel sectors. Some $1.1 billion (720 million), or 55 percent of total real estate investment, came from transactions by real estate funds or public funds for public offerings (PFPOs).

Investment activity received a major boost from the listing of Tesco Lotus Retail Growth Freehold and Leasehold (TLGF) in the beginning of January 2012, which proved to bethe largest property fund listing for the year. The $594-million (389 million) fund purchased 17 Tesco Lotus shopping malls in prime locations across Thailand in a deal which by itself exceeded half of the real estate investments in the country in 2011.

Other notable property fund investments in 2012 included the purchase during the first quarter of three serviced apartment complexesand residences for $106 million (69 million) by the listed Land and Houses Freehold and Leasehold Property Fund (LHPF). Additionally, the Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) bought three Centre Point serviced apartments in the third quarter, for some $107 million (70 million).

KTAM Eyes Real Estate Market

Krung Thai Asset Management (KTAM) has the ambition to lead the market in property funds and,more specifically, to increase its assets under management by 20 percent in 2013 to 516 billion baht (11.3 billion), said chief executive officer Somchai Boonnamsiri, citing the positive overall investment climate.

The Bangkok Post reports that Thai billionaire Charoen Sirivadhanabhakdi plans to raise funds through the funds managed by KTAM, with the subsequent capital increase being dedicated to turning KTAM into the global leader of this type of fund.

KTAM is considering entering new markets including Mexico, Brazil and some European countries. Annualised return for short-term investments in these regions is forecast at 3.5 percent or about one percent higher than returns in the Thai domestic market.

The Thai fund intends to boost the capital of property funds under the direction Sirivadhanabhakdi’s TCC group to as high as 50 billion baht (1.1 billion) this year. The fund also plans to launch ETFs on the Stock Exchange of Thailand in sectors such as food, energy, ICT and the commercial sector.

2013 will be the last year in which Thailand’s Securities and Exchange Commission will allow investments in what has been known as property type 1, with introduction a new type of property fund, the internationally recognised real estate investment trust, set to replace the old structure.

How Can Ranch Entrance Gates Enhance The Landscape Of Your Real Estate

If you have a vast land area, you might want to consider putting a ranch entrance gate on your land property. Ranch entrance gates assure the security of your land and definitely present a personal theme that youve always wished to show on your ranch. The perfect ranch entrance gate can surely bring elegance and setting on your ranch or farm estate.

These types of ranch gates have been fixtures in houses in Western America and can be seen in some private territories in Latin American countries, like Argentina, Brazil, and Ecuador. Today many contemporary home owners in America elect to have custom metal art ranch gate entrances for their estate.

Ranch gate entrances that provide access in and out of your homestead with a metal artwork decor are a one of a kind investment. The most common materials used in these types of gate entrances are gauge steel and wrought iron that is properly welded. The strongest ball bearings and hinges should be used as well, when it comes to constructing these ranch entrance gates. The use of a heavy-duty post can be considered and put into place to make sure the ranch gates do not slip or sag. A strong structure of the rails and the steel frames can make the movable barrier slide smoothly and without any drag. With the use of high quality ball bearings, the swing of the ranch entrance gates should be perfectly ninety degrees from its starting point of zero degrees.

Artistry and quality is taken into account, when you decide to build the exact entryway to your ranch. The fences can also be structured with custom metal art signs in order to welcome the visitors. You often see this with the owner’s name or ranch name emblazoned on top of the overhead ranch entrance gate.

Sometimes an owner can opt to have the custom-made metal artwork with a wildlife motif, a Montana theme, or any other logo, design or brand that they specifically desire. The metal artwork can be magnificently created by an artist and can be taken into consideration to a scale that fits well.

Gate entrances can be operated by a key code or a remote. This is important since the foremost function of a gate is for security reasons. These have become popular for not only movie compounds, guest ranches, parks and polo clubs, but also individual homes.

The perfect ranch entrance gate can match the style of your house. Along with a great workmanship and artistry on the appearance of the structure, the use of a delicately created portal set-up can surely enhance your real estate landscape.