Sena to expand housing, warehouse portfolio in 2022

ผลไม้ intends to broaden into warehouses, serviced residences and asset management in 2022, whereas additionally developing 49 new residential properties valued at 27.5 billion baht.
This yr, the corporate intends to enterprise into new sectors to have the ability to enhance secure earnings from common earnings, with the majority of new operations linked companies that may assist with property growth, the managing director told the Bangkok Post.
“Warehouses will be the first one we want to put cash into, as demand is growing in the course of the pandemic. We are excited about serviced residences in which we will co-invest with Japanese developer Hankyu Hanshin Properties Corp.”

Sena’s investment budget for new companies is roughly 1 billion baht. New companies embrace asset management and personal loans for house purchases.
Other businesses might be in the wellness business, collaborating with medical specialists to deliver healthcare and monetary providers to homebuyers.
Sena is optimistic on the house growth market after purchasing a 24.16% stake in MAI-listed home developer J.S.P. Property last year and turning into its majority stakeholder.
It aims to launch forty nine new initiatives costing 27.5 billion baht, increasing from 12 tasks totaling 10.2 billion baht in 2021. The new projects will embrace 21 condominiums and 28 low-rise housing developments.
It could have ninety properties in complete, with the remaining items for sale valued at a total of fifty two.6 billion baht, an increase from forty one properties price 25.1 billion in December 2021.
Moreover, the Sena’s condo portfolio, which is its primary sector, will fall to 60% from 80% final 12 months, whereas the company’s low-rise housing portfolio will increase to 40% from 20% following the strategic takeover..

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