Real Estate Development

SC Asset Corporation Public Company Limited, or SC, has announced a partnership with the Tourism Authority of Thailand, or TAT, and Chao Phraya Express Boat Company Limited under the concept Bangpho – Bangkok's Creative Riverside District, aiming to elevate the Bang Pho area along the Chao Phraya River into a new Riverside Creative & Tourism Destination for Bangkok. The initiative is driven by the concepts of Design, Art, Craft, Taste & Culture, building on Bang Pho's identity in woodwork, craftsmanship, community ways of life, and cultural diversity, reinterpreted through a contemporary lens. One of the key activities is the Made in Bangpho – Design Contest under the concept From Local Craftsmanship to a New Reference in Design, open to students, undergraduates, and design enthusiasts to submit sculptures or furniture inspired by Bang Pho's craftsmanship. Selected works will be developed into actual pieces and installed within the Reference BAIE River Bangpho project, with a total prize pool of over 250,000 baht. Submissions are open until November 30, 2026, and shortlisted results will be announced on December 7, 2026. Meanwhile, the Wonder Bangpho – A Creative Journey through Craft, Taste and Culture activity invites people to experience the Bang Pho area through four dimensions: Wonder Through Craft, Wonder in Creation, Wonder of Taste, and Wonder by the River. Ms. Panthara Nakchattri, Director of the Marketing Communications Administration Group at TAT, said that Bang Pho is an area rich in stories, ways of life, community wisdom, and a bond with the Chao Phraya River, making it an opportunity to create a new form of tourism experience and long-term economic opportunities for the community. Ms. Nattapree Pichaironnarongsongkram, Executive Director of Chao Phraya Express Boat Company Limited, said that this collaboration will help increase access to the Bang Pho area and extend riverside tourism routes. Meanwhile, Ms. Kanokorn Limkamnerd, Managing Director of the High-Rise Property Development Business Group and International Customers at SC, said that this development takes the area's existing assets and builds on them to create new value for the neighborhood in the long term, with the Reference BAIE River Bangpho project developed under the concept Bangpho, Reimagined.

WHA Corporation Public Company Limited, or WHA, said the IMF-World Bank 2026 meetings are a pivotal moment for Thailand to serve as a bridge connecting investment funds from global financial markets into tangible investment in the real economy, both in Thailand and across ASEAN. Jareeporn Jarukornsakul, Chairwoman of the Executive Committee and Group Chief Executive Officer of WHA, said hosting the meetings is a golden opportunity for Thailand to showcase its readiness and potential on the world stage, especially its infrastructure ready to support the New Economy and to build on foreign direct investment, or FDI. The meetings are held under the theme Thailand's New Horizons: Empowering People, Building Resilience. WHA Group has laid the foundation for its industrial ecosystem through three pillars: coping with economic and geopolitical polarization, adapting to climate change, and the transition to digital and artificial intelligence. On the logistics side, WHA Group has more than 3.2 million square meters of service space in Thailand and Vietnam, while its industrial estate business has more than 17 smart eco-industrial estates covering over 88,900 rai in Thailand and Vietnam. In the utilities and power business, for 2026 it targets total water sales and water management in Thailand and Vietnam of 170 million cubic meters, with equity-owned power generation capacity totaling 1,124 megawatts. Its mobility business aims to expand the number of electric vehicles under management to 637 by 2026, and WHA Group is pursuing a goal of net-zero greenhouse gas emissions by 2050. Jareeporn concluded that the meetings will draw more than 15,000 participants, including senior leaders, central bank governors, IMF and World Bank executives, investors, financial institutions, the private sector, and media from around the world, reflecting confidence in Thailand and its potential to attract high-quality FDI.

Jareeporn Jarukornsakul, Chairman of the Executive Committee and Chief Executive Officer of WHA Corporation Public Company Limited, or WHA, said that Thailand's hosting of the Annual Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund in 2026, from October 12 to 18, 2026, represents a key opportunity to attract quality foreign direct investment and to connect capital from global financial markets into real investment in the industrial sector. The meetings will be held under the theme "Thailand's New Horizons: Empowering People, Building Resilience," and are expected to draw more than 15,000 senior leaders, international organization executives, investors, financial institutions, and private-sector participants from around the world. As for WHA Group's readiness, the company currently has more than 17 smart eco-industrial estates spanning over 88,900 rai in Thailand and Vietnam, along with total logistics space of more than 3.2 million square meters. In its utilities and power business, the company targets total water sales and water management in Thailand and Vietnam of 170 million cubic meters in 2026, and has total power generation capacity of 1,124 megawatts on a proportionate equity basis. Its mobility business aims to expand the number of electric vehicles under management to 637 by 2026, and the company has set a target of achieving net-zero greenhouse gas emissions by 2050.

Marcus & Millichap said Friday that its preferred partner relationship with Brown & Brown has expanded into Canada. Marcus & Millichap has operated in Canada since 2013 and has built a commercial real estate platform across major markets in the country. Under the expanded relationship, Marcus & Millichap clients and investment professionals in Canada gain streamlined access to Brown & Brown's insurance, risk and portfolio insights, including support for insurance placement, specialty risk consulting, portfolio analysis and due diligence, along with resources to help investors evaluate acquisition opportunities and operating risks. The expansion is part of Marcus & Millichap's preferred partner program, which connects clients and investment professionals with select providers offering specialized services and expertise.

WHA Corporation Public Company Limited, or WHA, says Thailand's hosting of the World Bank Group and International Monetary Fund Annual Meetings in 2026, the IMF–World Bank Group Annual Meetings, from 12 to 18 October 2026, is a golden opportunity to serve as a bridge connecting investment from global financial markets to the real economy, both in Thailand and across ASEAN. Jareeporn Jarukornsakul, Chairwoman of the Executive Committee and Group Chief Executive Officer of WHA, said the meetings will welcome more than 15,000 senior leaders, investors, financial institutions and media from around the world, reflecting Thailand's confidence and potential in attracting high-quality foreign direct investment, or FDI. The International Monetary Fund estimates that emerging market and developing economies in Asia need investment of no less than 1.1 trillion US dollars per year to mitigate and adapt to climate change, but actual investment still falls short by about 800 billion US dollars per year. WHA said it is ready to support the core concept of Thailand's New Horizons through an industrial ecosystem built on three pillars. The first is responding to economic and geopolitical polarisation, with a logistics business covering more than 3.2 million square metres in Thailand and Vietnam and more than 17 smart eco-industrial estates spanning over 88,900 rai. The second is adapting to climate change, with a target for combined water sales and water management in Thailand and Vietnam in 2026 of 170 million cubic metres, total equity power generation capacity of 1,124 megawatts, and a goal of expanding electric vehicles under its management to 637 by 2026. The third is the transition to digital and artificial intelligence through data centres and upgrading to Smart Eco-Industrial Estates, with WHA targeting net zero greenhouse gas emissions by 2050.

Jareeporn Jarukornsakul, Chairwoman of the Executive Committee and Chief Executive Officer of WHA Corporation Public Company Limited, or WHA, said that Thailand's hosting of the IMF–World Bank 2026 meetings is a golden opportunity to showcase the country's readiness and potential on the world stage and to build on foreign direct investment, or FDI, in order to attract future industries that align with changes in the global economy. The meetings will be held under the theme Thailand's New Horizons: Empowering People, Building Resilience, and are expected to draw more than 15,000 participants, including senior leaders, central bank governors, executives of the IMF and the World Bank, investors, financial institutions, the private sector, and media from around the world. WHA Group said its logistics business spans built-to-suit warehouses, general warehouses, ready-built factories, logistics parks, distribution centers, and office buildings, with more than 3.2 million square meters of space in Thailand and Vietnam. Its industrial estate business operates more than 17 smart eco-industrial estates covering over 88,900 rai in Thailand and Vietnam. The utilities and power business is targeting total water sales and water management in Thailand and Vietnam of 170 million cubic meters in 2026, and has total equity-backed power generation capacity of 1,124 megawatts, while preparing to capture opportunities from the Direct PPA mechanism and the new Power Development Plan, or PDP. The mobility business aims to expand its electric vehicle fleet under management to 637 vehicles by 2026, and the group is pursuing a net zero greenhouse gas emission target by 2050. Jareeporn concluded that WHA Group sees an opportunity to help drive the country toward becoming a regional financial hub alongside an artificial intelligence and data center hub, based on Thailand's position as a safe zone for investment that is ready to grow sustainably in every dimension.

Jareeporn Jarukornsakul, Chief Executive Officer of WHA Corporation Public Company Limited, or WHA, disclosed that operating results in the fourth quarter of 2026 will improve markedly from the third quarter of 2026 and will mark the highest growth period of the year, driven by a substantial volume of industrial estate land sales awaiting transfer and revenue recognition, together with support from asset sales into an investment trust. The company plans to sell assets into the WHA Premium Growth Real Estate and Leasehold Investment Trust, or WHART, worth more than 2.5 billion baht, with transfer and revenue recognition expected in the fourth quarter of 2026, and is in the process of filing with the Securities and Exchange Commission, or SEC, to seek approval for additional asset sales into the WHA Industrial Leasehold Real Estate Investment Trust, or WHAIR. For 2026, the company is maintaining its land sales target at approximately 2,500 rai, after selling about 504 rai in the first half of this year, not yet including a large volume of sales awaiting transfer. Meanwhile, the company must temporarily slow the intake of new customers pending clarity on government policy criteria and promotional measures for data center projects, which, if clarified, would help support the investment climate and land demand in WHA's industrial estates in the future. Its main customer base consists of global multinational technology groups with strong financial standing. Related agencies forecast that in 2026 total investment promotion applications will reach as much as 1.8 trillion baht, the highest since the BOI was established, of which 1.36 trillion baht will be foreign investment.

China Merchants Shekou announced that in September 2026, the company achieved a contracted sales area of 458,400 square meters and a contracted sales amount of 14.322 billion yuan. From January to September 2026, the company achieved a cumulative contracted sales area of 4.322 million square meters and a cumulative contracted sales amount of 140.093 billion yuan.

Siam Asset Public Company Limited, or SA, is using the travel wave around international concerts and music festivals as a strategy to target niche customers and generate revenue for its hotel business. Most recently, Cassia Rama 9 Bangkok, one of the hotel businesses under the company's operation, has launched a special room package to welcome fans travelling to see the BTS WORLD TOUR 'ARIRANG' IN BANGKOK from 3-6 December 2026 at Rajamangala Stadium, with prices starting at 3,000++ baht per room per night, plus a free shuttle bus service between the hotel and the venue. Market data supports this approach. Airbnb disclosed on 8 June 2026 that accommodation searches in Bangkok during the BTS concert dates in December 2026 rose by nearly 590% compared with the same period the previous year, while searches for accommodation during the S2O and Siam Songkran music festivals rose by more than 40%. Meanwhile, the government is preparing to hold the Tomorrowland Thailand music festival from 11-13 December 2026 in Pattaya, which is expected to affect the overall economy by about 21.386 billion baht and is expected to create roughly 21,386 jobs in related industries. SA sees this approach as something that can be extended into a long-term marketing strategy, marketing around the event calendar of world-class artist concerts, music festivals, sporting events and trade shows in order to expand its customer base and generate revenue from rooms and supplementary services.

Ms. Jareeporn Jarukornsakul, Chief Executive Officer of WHA Corporation Public Company Limited, or WHA, disclosed that the operating performance trend for the fourth quarter of 2026 is expected to be the best quarter of the year, driven mainly by revenue recognition from land transfers, which normally cluster in the final quarter of the year. The company has an additional positive factor from the sale of assets into the WHA Premium Growth Real Estate Investment Trust and Leasehold Trust, or WHART, comprising the WGCL IDC distribution center in the strategic EEC location of Map Ta Phut district, Rayong province, with a value of more than 2.5 billion baht. The ninth capital increase unit subscription for the trust closed successfully in early October 2026, with subscriptions exceeding the number of units offered, and WHA is currently in the process of transferring the asset into the trust. Regarding the Data Center regulations that the Ministry of Interior is preparing to issue as a ministerial regulation, expected to take effect around June 2027, the company has no concerns and does not view it as an obstacle to investment decisions, but places importance on details and guidelines that must be clear. Meanwhile, the Cabinet has acknowledged the establishment of eight special economic promotion zones, which WHA views as a positive factor for the overall Thai industrial estate sector, helping to increase space to accommodate investment, stimulate demand for land, and support the inflow of FDI investment funds.

Origin Property Public Company Limited, or ORI, reported sales for the first nine months of 2026 of 15,735 million baht, split into roughly 85% from condominium projects and about 15% from housing projects, with approximately 75% coming from ready-to-move-in projects and about 25% from projects under construction. Meanwhile, sales awaiting revenue recognition, or backlog, at the end of the second quarter of 2026 stood at 33,182 million baht, which will be gradually recognized from 2026 through 2029, supporting revenue for four years. For the fourth quarter of 2026, the company has one additional newly completed condominium project beginning transfers of ownership, SO Origin Bangtao Beach, which already has condominium backlog of more than 70% of the project value. It is also preparing a major special campaign to close out the year, including project-specific campaigns and a campaign at the 50th House and Condo Expo from 29 October to 1 November 2026 at the Queen Sirikit National Convention Center, to stimulate purchasing power, sales, and revenue in line with the company's targets. ORI has structured its business as a holding company holding shares in subsidiaries and joint ventures, with five main business groups: condominiums under ORIGIN VERTICAL, housing under Britania Public Company Limited, or BRI, services under Primo Service Solution Public Company Limited, or PRI, Hospitality and Tourism & Service under ORIGIN HOTEL, and Logistics and Warehouse under ALPHA.

Noble Development Public Company Limited, or NOBLE, has launched the "A DEAL FAMILY: great deals for extraordinary people" campaign, bringing together ready-to-move-in and new condominiums across 8 locations: Thonglor, Ari, Rama IX, Don Mueang, Khukot, Chaeng Watthana, Bang Na, and Srinagarindra. Prices start at just 1.35 to 7.79 million baht, with special offers exclusive to the campaign, such as discounts of up to 3 million baht, fully furnished units, units sold with existing tenants, and many more On Top privileges. Among these 8 projects, Noble Form Thonglor starts at 7.79 million baht, down from the usual 11.2 million baht, while New Connect Condo Don Mueang is priced at a special 1.35 million baht, down from the usual 2.2 million baht. New Rain Chaeng Watthana starts at 1.89 million baht, with an On Top privilege of 50,000 baht for civil servants, and New Coast Khukot Station offers a 1 Bedroom Plus at a single price of 2.69 million baht, down from the usual 3.21 million baht. Those interested can visit the projects at any of the 8 sales offices or register through the website noblehome.com/th/adeal-family-2026

PROUD Real Estate Public Company Limited, or PROUD, has opened a special closing offer for its VI Ari project, an ultra-luxury detached home development in a private gated community of just six homes in the heart of Ari Soi 3. The final home is ready to move in, fully furnished, with 550 square meters of usable space, a private swimming pool and a private elevator, at a special price of 95 million baht, reduced from 108 million baht, along with additional closing-project deals for interested buyers. Pasu Liptapanlop, an executive director of PROUD, said that understanding residents' needs is at the heart of the project's development, from privacy and living space that supports family life to designs tailored to each owner's way of living. The project was developed together with STU/D/O Architects, P49 Deesign and TK Studio, which handled architecture, interior design and landscaping respectively, reinterpreting elements from original 1980s homes in Ari. Meanwhile, luxury housing market data from CBRE Thailand's Mid-Year Outlook dated August 3, 2026, indicates that demand in the luxury segment remains continuous, while Knight Frank Thailand sees buyers of homes priced at 50 million baht and above placing greater importance on location, privacy, travel and long-term support for family life. Those interested can schedule a project viewing at 02-035-0999.

Kamphon Suangburanakul, Chief Executive Officer of Alpha Divisions Public Company Limited, or ALPHAX, said the business outlook for the third and fourth quarters of 2026 is being supported by the energy business, as the arrival of the rainy season increases water volumes and helps boost electricity generation from hydropower plants. The company currently has two hydropower plants in Laos with a combined installed capacity of 29.51 megawatts, selling electricity to the state-run Electricite du Laos, or EDL. At the same time, ALPHAX is building the 100-megawatt Pak San solar power plant, part of its overall capacity expansion plan. It is expected to reach commercial operation, or COD, within 2026, and once the project is commercially operational, the group's total installed capacity is expected to increase by more than four times from the existing base. On the financial business side, the company is pressing ahead with expanding its loan portfolio while focusing on asset quality. It currently has a loan portfolio of more than 300 million baht and has credit lines from financial institutions to support further portfolio expansion. In the second half of 2026, lending is expected to be at a level close to that of the first half, while the company will use AI and a credit scoring system to analyze customer behavior. Kamphon said Laos's economy is trending toward greater stability, while the country has high energy potential, creating an opportunity for ALPHAX to build on its existing base, both hydropower plants and the Pak San solar project that is preparing for COD within this year. The company has more than 100 staff in Laos.

Jareeporn Jarukornsakul, Chairwoman of the Executive Committee and Group Chief Executive Officer of WHA Corporation Public Company Limited, or WHA, revealed at the THAILAND ECONOMIC OUTLOOK 2027 NEW HORIZON BEYOND THE TRAP seminar that Thailand remains a magnet for foreign investment, with investment promotion applications filed through the Board of Investment, or BOI, reaching as high as 1.8 trillion baht, of which foreign direct investment, or FDI, accounted for 1.36 trillion baht. Meanwhile, results for just the first half of 2026 showed investment application value reaching 1.4 trillion baht, with FDI worth 1.36 trillion baht, growing by 80%, and the bulk of that figure, more than 1.1 trillion baht, came from the digital industry and infrastructure groups such as data centers. Jareeporn warned that Thailand must accelerate its development of energy, water, and connectivity infrastructure. If it fails to seize this opportunity within the next two years, it could severely affect future growth prospects, because Singapore and Malaysia have now begun reopening to data center investment again under new regulations. She also proposed that the government establish Data Center Campuses alongside AI Centers, adjust investment promotion policy to target the right groups, and shift from temporary cash handouts to giving knowledge, careers, and stability to entrepreneurs instead.

Origin Property Public Company Limited, or ORI, reported sales for the first nine months of 2026 totalling 15,735 million baht for houses and condominiums, split into roughly 85% from condominium projects and about 15% from housing developments. By status, about 75% of sales came from ready-to-move-in projects and roughly 25% from projects still under construction. Backlog awaiting revenue recognition at the end of the second quarter of 2026 stood at 33,182 million baht, which will be gradually recognised from 2026 through 2029. For the fourth quarter of 2026, the company has one newly completed condominium project beginning transfers of ownership, SO Origin Bangtao Beach, which has a condominium backlog of more than 70% of the project's value. It is also preparing a major special year-end campaign, including both project-level campaigns and a campaign at the 50th House and Condo Expo, to be held from 29 October to 1 November 2026, 10:00 to 20:00, at the Queen Sirikit National Convention Center, to stimulate purchasing power, sales and revenue in line with the company's targets.

Origin Property Public Company Limited, or ORI, reported sales for the first nine months of 2026, covering houses and condominiums, totaling 15,735 million baht. Condominium projects accounted for approximately 85% of sales, while housing developments accounted for approximately 15%. By project status, ready-to-move-in projects contributed about 75% and projects under construction about 25%. Chief Executive Officer Peerapong Jaroon-ek disclosed that the backlog awaiting revenue recognition as of the end of the second quarter of 2026 stood at 33,182 million baht, which will be gradually recognized from 2026 through 2029. In the fourth quarter of 2026, the company will complete one new condominium project and begin transferring ownership units, namely SO Origin Bangtao Beach, which already has condominium backlog of more than 70% of the project value. The company is also preparing a major special year-end campaign, both project-specific campaigns and a campaign at the 50th House and Condo Expo, to be held from 29 October to 1 November 2026 at Queen Sirikit National Convention Center, to stimulate purchasing power and revenue in line with targets. ORI has structured its business as a holding company covering five main business groups: condominium real estate development for sale under ORIGIN VERTICAL, housing development for sale under BRI, the services business under PRI, the Hospitality and Tourism and Service business under ORIGIN HOTEL, and the Logistics and Warehouse business under ALPHA.

Kamphon Suangburanakul, Chief Executive Officer of Alpha Divisions Public Company Limited, or ALPHAX, which operates renewable energy and financial businesses in Laos, said business trends in the third and fourth quarters of 2026 will be supported by the energy business entering the rainy season, which increases water volumes and power generation from hydropower plants. ALPHAX currently has two hydropower plants in Laos with a combined installed capacity of 29.51 megawatts, selling electricity to Electricite du Laos, or EDL. The company is building the 100-megawatt Pak San solar power project, which is expected to reach commercial operation, or COD, within 2026, and once commercially operational will increase the group's total installed capacity to more than four times its original base. On the financial business side, the company is pressing ahead with expanding its loan portfolio while prioritizing credit quality. It currently has a loan portfolio of more than 300 million baht and has credit lines from financial institutions to support further portfolio expansion. In the second half of the year, lending is expected to be close to the first half, and the company will use AI to help analyze customer behavior and credit scoring. Its team in Laos numbers more than 100 people.

Origin Property Public Company Limited, or ORI, reported sales for the first nine months of 2026 totalling 15.735 billion baht, split into roughly 85% from condominium projects and about 15% from housing projects. Around 75% came from ready-to-move-in projects and about 25% from projects under construction. Backlog awaiting revenue recognition as of the end of the second quarter of 2026 stood at 33.182 billion baht, which will be gradually recognised from 2026 through 2029, supporting revenue for four years. For the fourth quarter of 2026, the company plans to transfer ownership of one additional newly completed condominium project, SO Origin Bangtao Beach, which already has pre-sales of more than 70% of the project value. It will also hold a major special campaign to close out the year, including project-level campaigns and a campaign at the 50th House and Condo Expo from 29 October to 1 November 2026 at the Queen Sirikit National Convention Center, to stimulate purchasing power and revenue in line with targets. ORI operates as a holding company through five main business groups: condominiums under ORIGIN VERTICAL, housing under BRI, services under PRI, Hospitality and Tourism and Service under ORIGIN HOTEL, and Logistics and Warehouse under ALPHA.

Risesun Development announced on October 8 that some directors and senior executives increased their holdings of the company's shares by 12.81 million shares through centralized bidding between June 30, 2026 and September 30, 2026, accounting for 0.2946% of total share capital, with a total increase amount of 15.04 million yuan. In the first half of 2026, Risesun Development achieved revenue of 6.172 billion yuan and a net loss attributable to the parent company of 1.027 billion yuan.

Proud Real Estate Public Company Limited, or PROUD, has launched a special closing offer for VI Ari, an ultra-luxury detached home project on Ari Soi 3 developed as a private gated community of just six homes. The last remaining move-in-ready home is offered at a special price of 95 million baht, down from 108 million baht, along with additional project-closing incentives for interested buyers. The home has 550 square meters of usable space, a private swimming pool, a private elevator, and world-class branded furniture, and is ready for immediate occupancy. Pasu Liptapanlop, Executive Director of Proud Real Estate Public Company Limited, said VI Ari customers choose homes for long-term living, particularly those with strong ties to the Ari area, and that the project was designed in collaboration with STU/D/O Architects, P49 Deesign, and TK Studio, reinterpreting elements of traditional 1980s Ari homes. Meanwhile, luxury housing market data from the CBRE Thailand Mid-Year Outlook, published on August 3, 2026, indicates that demand in the luxury segment remains sustained, while Knight Frank Thailand sees buyers of homes priced from 50 million baht upward placing greater emphasis on location, privacy, travel convenience, and support for long-term family life.

Land and Houses Public Company Limited, or LH, has launched its new project CHAIYAPRUEK 3 Ram Inthra-Ring Road, marking the first time the CHAIYAPRUEK brand has come to the Ram Inthra area and one of two new projects the company is launching in 2026. It will hold a first-phase presale of garden-wrapped homes on 17 October, with starting prices of 10-15 million baht. The project sits on more than 30 rai 3 ngan 57.6 square wah, with a limited total of just 124 units, starting land plots of 53 square wah, and usable areas from 195 square metres upward. It targets modern families with a new premium single-detached home series, MOONe Series, under the concept Live Well Today. Value Tomorrow. A key strength of the location is its proximity to the Chalong Rat expressway entrance and exit, the Watcharaphon toll gate, and the Kanchanaphisek ring road at about 5 kilometres, as well as the Pink Line electric train, surrounded by lifestyle destinations, educational institutions, and leading hospitals.

Land and Houses Public Company Limited, or LH, is preparing to launch the presale of its new project CHAIYAPRUEK 3 Ram Inthra-Ring Road on 17 October. This marks the first time the CHAIYAPRUEK project has located in the Ram Inthra area. The project is situated about 5 km from Kanchanaphisek Ring Road, near the Chalong Rat Expressway entrance and exit at Watcharaphon toll gate, and close to the Pink Line electric train. The project covers an area of 30 rai, 3 ngan and 57.6 square wah, comprising only 124 units of a new premium single-detached home series called MOONe Series. Land plots start from 53 square wah and up, with usable area from 195 square metres and up, under the concept Live Well Today. Value Tomorrow. The best phase, homes surrounding a garden, will open on 17 October at prices of 10 to 15 million baht. CHAIYAPRUEK 3 Ram Inthra-Ring Road is one of two new projects that Land and Houses is launching this year. Those interested can register for special privileges at https://lhth.info/CRW-PRNews or call 1198 for more information.

SC Asset Corporation Public Company Limited, or SC, has launched two new single-detached home series under the Grand Bangkok Boulevard brand, namely the RELIÉE SERIES and the NIVEAUX SERIES, under the Live and Learn Home project. Mongkut Techolar, Managing Director of the Low-Rise Property Development and Marketing Business Group, said the designs reinterpret modern French style, or Modern French, in a contemporary way through the concept of L'ART DE VIVRE, the art of living, blending the relationship between housing and health. The RELIÉE SERIES received the Best Luxury Design Home Award at the LivingInsider Thailand Developer Awards 2026, while the NIVEAUX SERIES presents the concept Grand Living, Reimagined in Levels, with functions that connect spaces and views across different levels. Homes in both series start at 30-80 million baht, with first bookings open on 10-11 October 2026, offering special privileges worth up to 1 million baht, along with a VitalLife Exclusive Voucher, in five locations of the Grand Bangkok Boulevard project: Chaengwattana-Ratchaphruek, Ramintra-Kaset Nawamin, Bangna Km.15, Phetkasem-Kanchana, and State Bangna. SC said it aims to turn deep insights from more than 38,000 homeowner families into lifestyle solutions.

SC Asset Corporation Public Company Limited, or SC, has launched two new luxury mansion series under its Grand Bangkok Boulevard detached-home brand: the RELIÉE SERIES and the NIVEAUX SERIES, built around the Live and Learn Home concept that extends into the longevity market. Mongkut Techolan, Managing Director of the Low-Rise Property Development and Marketing Group, said the designs translate modern French style, or Modern French, through the L'ART DE VIVRE concept, blending wellness insights into function and spatial planning. The RELIÉE SERIES received the Best Luxury Design Home Award at the LivingInsider Thailand Developer Awards 2026, while the NIVEAUX SERIES presents the concept Grand Living, Reimagined in Levels. Both home series start at 30 to 80 million baht, with first bookings open on 10-11 October 2026, offering special privileges worth up to 1 million baht plus a VitalLife Exclusive Voucher across five Grand Bangkok Boulevard project locations: Chaengwattana-Ratchaphruek, Ramintra-Kaset Nawamin, Bangna Km.15, Phetkasem-Kanchana, and State Bangna.

WHA shares rose, leading industrial estate stocks, after the Cabinet acknowledged the establishment of 8 additional EEC special economic zones. At 10:51 a.m., WHA gained 3.77%, up 0.18 baht to 4.96 baht, with trading value of 1,245.50 million baht. AMATA rose 0.79%, up 0.25 baht to 32.00 baht, with trading value of 184.07 million baht. Bualuang Securities noted that the 8 new EEC special economic zones cover future industries, food, rubber, medical services, LNG, and logistics, using tax incentives and One-Stop Service to attract FDI, while stimulating employment and developing infrastructure in the eastern region. This is seen as positive for industrial estate stocks and supports land sales by the industrial estate group in the long term.

AssetWise Public Company Limited, or ASW, through 39 Estate Company Limited, a subsidiary in which it holds a 99.99% stake, has acquired Chewathai Estate 3 Company Limited, or CE3, from Chewathai Public Company Limited, or CHEWA, comprising 9,999 shares, representing 99.99% of CE3's registered and paid-up capital. As a result, CE3 becomes a subsidiary of ASW. All conditions precedent under the share purchase agreement were fulfilled on 6 October 2026, the date the transaction was completed. Following the transaction, CE3 has registered capital of 1 million baht, divided into 10,000 ordinary shares with a par value of 100 baht each, with 39E holding 99.99% and Mr. Kromchet Viphanphong holding 0.01%. The acquisition aims to support and extend ASW's real estate development business. Meanwhile, CHEWA stated that the sale is intended to increase the company's operating cash flow, and that as the issuer of debentures CWTTH26OA, CWTTH272A, CWTTH276A, CWTTH27NA, CWTTH27NB, CWTTH282A and CWTTH283A, it will hold another meeting of the holders of those debentures on 7 October 2026, with key agenda items including granting a waiver so that the holding of a debenture holders' meeting to adjust debt repayment terms is not treated as an event of default under the rights specifications of certain tranches, extending the debenture maturity dates, and amending the conditions for early redemption of the debentures before maturity.

A securities research note recommends buying WHA shares, assessing that second-half 2026 performance will outshine the first half, particularly in the fourth quarter of 2026, driven by accelerated land transfers and asset monetization. In the first half of 2026, the company recorded land sales of 1,199 rai but transferred only 505 rai, while carrying a backlog of 1,464 rai and letters of intent covering another 2,891 rai, providing a base to support accelerated transfers late in the year. The company is maintaining its 2026 land sales target of 2,500 rai despite the risk that some customer groups may delay decisions. In addition, the fourth quarter of 2026 has a key catalyst from asset sales into REITs totaling 144,000 square meters, valued at approximately 3.6 billion baht, split between WHART at 99,000 square meters and WHAIR at 45,000 square meters. The fourth quarter of 2026 is therefore expected to be the year's most outstanding period for profit. On margin quality, gross margin in the land sales business reported in the second quarter of 2026 was only 28% due to accounting effects, but normalized margin, excluding the impact of IER's purchase price allocation, stood at 66%, up from 48% year on year. The selling price of land for assets WHA holds itself in Thailand was 5.05 million baht per rai, close to the prior year, reflecting still-solid pricing power. Land demand continues to be supported by production base relocations, especially in EV, electronics, semiconductor and PCB. WHAUP is another standout growth engine, driven by data centers for both water and electricity. In the first half of 2026, utilities volume rose 9% year on year and capacity charge increased to 385 million baht from 116 million baht a year earlier, while solar revenue rose 36%. The average target price from IAA Consensus stands at 5.65 baht, with the current price trading at a price-to-earnings ratio of 16 times, close to the five-year average, and lagging the sector by about 8.7% over the past 60 trading days. On short-term technicals, the stock has pulled back to test and hold support at the low of the 4.56 candlestick, with buying pressure returning to close at the high on a long white candle. Trading volume increased, signaling a double-bottom pattern, with resistance at the double-top test level of 4.88 to 4.90. A break above that level would be a buy signal completing the downtrend. For investors already holding the stock or looking to add, there is a chance to test resistance at 4.80, 4.90 and 5.10. For those without the stock, short-term buying should focus on holding support at 4.66 and 4.56, and should not fall below that.

Wallapa Traisorat, Chief Executive Officer and President of Asset World Corp Public Company Limited, or AWC, disclosed that the flood situation has not yet directly affected the company's hotel bookings, with no cancellations, because Thailand is hosting major events in the second half of 2026 and most AWC hotels are not located in areas hit hardest by the flooding. Meanwhile, the company is revising its five-year investment plan under a total investment budget of 100 billion baht, shifting the original 2026-2030 period to a new plan starting in 2027, in order to develop world-class landmark projects in Bangkok, Pattaya and key tourist destinations, with global hotel chain partners such as InterContinental, Ritz-Carlton Reserve, JW Marriott, Marriott Marquis, Autograph Collection and Moxy. It also plans to develop 11 landmark projects along the Chao Phraya River, including a cable car project across the river. Varut Tantipipop, a director and executive of Veranda Resort Public Company Limited, or VRANDA, disclosed that overall forward bookings for the fourth quarter of 2026 grew about 30% from the same period last year, and revenue per available room is trending higher, with average room rates up about 20% compared with the fourth quarter of last year. Dittanop Watthanavekin, an equity analyst at Krungsri Securities Public Company Limited, assessed that the hotel business in the second half of 2026 will continue to grow well, with AWC's RevPAR up 26% year on year in July and up 25% in August. He recommends stocks with mainly domestic portfolios, namely AWC and ERW, and picks AWC as the top pick, supported by its plan to establish the AWC REIT.

S&P Global Ratings has upgraded Cushman & Wakefield plc's issuer credit rating to 'BB' from 'BB-', citing an ongoing recovery in commercial real estate activity and disciplined debt reduction efforts. The rating agency also raised its issue-level ratings on the Chicago-based firm's senior secured debt to 'BB' with a recovery rating of '3'. The rating action reflects expectations that Cushman & Wakefield can maintain adjusted leverage within a 3x to 4x range, even through cyclically weaker market conditions. Stronger operational execution and lower debt levels reduced adjusted leverage to 3.5x at year-end 2025, down from 4.5x a year earlier, with further improvement to 3x to 3.5x projected through 2027. S&P expects adjusted revenue to expand 6% to 7% annually through 2027, backed by a healthy leasing pipeline and high-margin service contracts, and warned that a rating downside could emerge if leverage exceeds 4x, whereas an upgrade would require leverage falling below 3x alongside sustained margin expansion above 10%.

Newmark Group has arranged the $508 million sale of The Summit, an 870,000-square-foot mixed-use lifestyle destination in Birmingham, Alabama, marking the largest single-property commercial real estate transaction in Alabama history by purchase price. Newmark President and Head of Retail Capital Markets for North America Conor Lalor represented JDJ, a privately-owned retail investor, in the sale of the asset to Federal Realty. Located at the intersection of Interstate 459 and U.S. Route 280, The Summit features more than 110 retailers, restaurants and entertainment concepts, including Trader Joe's, Apple, lululemon, Restoration Hardware, Nordstrom Rack and Alo Yoga. At the time of sale, the property was approximately 95% leased and experiencing strong leasing momentum, with recent commitments from retailers including Vuori, Reformation, Arizona, Alo Yoga, LoveShackFancy and Brandy Melville. More than 40 retailers operate their only Birmingham-area location at the property, while approximately 30 brands maintain their only Alabama location at the center.

AssetWise Public Company Limited, or ASW, informed the Stock Exchange of Thailand that its subsidiary, 39 Estate Company Limited, or 39E, in which ASW holds a 99.99% stake, has acquired 9,999 ordinary shares of Chewathai Estate 3 Company Limited, or CE3, from Chewathai Public Company Limited, or CHEWA, representing 99.99% of CE3's registered and paid-up capital, with a par value of 100 baht per share. The transaction was approved by the Executive Committee at its 29/2569 meeting on 25 June 2569, and the conditions precedent under the share purchase agreement were fully satisfied on 6 October 2569. Following the share acquisition, CE3 will become a subsidiary of ASW, and ASW and the seller are not related persons under the Securities and Exchange Commission's Notification No. ThorJor. 46/2568. This share acquisition is an investment in CE3 representing 99.99% of its registered capital, aimed at strengthening and furthering ASW's real estate development business going forward.

AssetWise Public Company Limited, or ASW, informed the Stock Exchange of Thailand that 39 Estate Company Limited, or 39E, a subsidiary in which ASW holds a 99.99% stake, has purchased 9,999 ordinary shares of Chewathai Estate 3 Company Limited, or CE3, from Chewathai Public Company Limited, or CHEWA, representing 99.99% of CE3's registered and paid-up capital. As a result, CE3 becomes a subsidiary of AssetWise. The conditions precedent under the share purchase agreement were fully satisfied on 6 October 2026. The executive board of AssetWise approved the share purchase at its 29/2026 meeting on 25 June 2026, with the objective of supporting and extending the group's real estate development business. Following the transaction, 39 Estate Company Limited will hold 99.99% of CE3 and Mr. Kromchet Viphanphong will hold 0.01%. CE3 has registered capital of 1 million baht, divided into 10,000 ordinary shares with a par value of 100 baht each. As for the transaction size, the acquisition of CE3 shares qualifies as an acquisition of assets under the criteria of the Capital Market Supervisory Board, with a maximum transaction size of 0.34% based on the total value of consideration, which is below the 25% threshold, and the company has had no other asset acquisitions in the past 12 months. It therefore does not qualify as a transaction requiring disclosure under the criteria for acquisition or disposal of assets. However, AssetWise is required to report the acquisition of CE3 shares to the Stock Exchange of Thailand, as it is an investment in another company that results in that company becoming a subsidiary of a listed company.

Assetwise Public Company Limited, or ASW, announced that 39 Estate Company Limited (39E), a subsidiary in which ASW holds a 99.99% stake, has acquired 9,999 ordinary shares of Chewathai Estate 3 Company Limited (CE3), representing 99.99% of CE3's registered capital, from Chewathai Public Company Limited, or CHEWA, in order to support and expand the company's real estate development business. The share purchase was approved by ASW's Executive Committee at its 29/2026 meeting on 25 June 2026, and all conditions precedent under the share purchase agreement were fully satisfied on 6 October 2026, making CE3 a subsidiary of ASW. 39E is the buyer and CHEWA is the seller, and neither party has a relationship that would qualify as a connected person under the criteria of the Securities and Exchange Commission. Following the transaction, CE3's shareholding structure changed to 39E holding 99.99% and Mr. Kromchet Vipanpong holding 0.01%, while the company's board of directors comprises Mr. Kromchet Vipanpong, Mr. Weeraphan Vipanpong, and Miss Paneeta Malaiwong.

SC Asset Corporation Public Company Limited, or SC, reported presales of 5,385 million baht for the third quarter of 2026, up 22% year on year and up 27% quarter on quarter. The growth was driven mainly by the condominium segment, which recorded sales of 3,015 million baht, up 123% year on year and up 119% quarter on quarter, accounting for 56% of total presales in the quarter. The low-rise segment posted sales of 2,370 million baht, down 22% year on year and down 17% quarter on quarter, accounting for 44%. The main driver for condominiums came from the launch of the new Reference BAIE River Bangpho project, valued at 11 billion baht, of which about 20%, or roughly 2,000 million baht, has already been sold, along with special penthouse units at the Scope Thonglor project worth about 500 to 600 million baht. Meanwhile, Krungsri Securities said in an analysis that it maintains a buy recommendation and selects SC as one of its top picks in the property sector, keeping its 2027 target price at 2.80 baht based on a price-to-earnings ratio of 6.3 times, compared with the latest closing price of 1.95 baht, implying upside of 43.6%. It also expects net profit for the full year 2026 of 1,750 million baht, up 14.2% year on year, and forecasts a dividend yield of 8.7% in 2026, rising to 9.2% in 2027.