Thailand real estate - Foreign investors are expected to invest up to Bt70 billion in the Thai property sector this year, following the lifting of the Bank of Thailand's 30-per-cent capital reserve requirement.
Retail, office, serviced apartment, hotel and resort properties in Thailand are now being sought by real estate investment trusts and property firms from the United Kingdom, the United States, the Middle East, Japan and Australia.
According to research by international property agency Colliers International, investor confidence in Asian property investment has risen, with strong interest focused on Thailand. Following the removal of the capital reserve requirement, Thai assets have become more attractive, with the potential to generate annual returns of 20 per cent or more.
