Real Estate
Thailand’s Top Industrial Park Developer Expects More Land Sales
- Sees second-half land sales rising 40% from first half
- Firm’s largest contracts will be from two data-center projects
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WHA Corp., Thailand’s largest industrial estate developer, expects rising demand from foreign manufacturers and companies to trigger a surge in land sales in the second half of the year.
The Bangkok-based company sees land sales jumping to 224 hectares between July and December, an increase of about 40% from the first half, Chief Financial Officer Natthapatt Tanboon-Ek said in an interview Wednesday. The largest contracts will be for two data-center projects over the next few months, he said, declining to specify the buyers.