Kingdom Property’s Round Table on Real Estate Investment in Thailand

Leading developer, Kingdom Property recently hosted a round-table dinner talk at Bangkok’s Grand Hyatt Erawan Ballroom, as luminaries from the country’s leading property, banking and investment companies gathered to hear the keynote address of a prominent fund manager and investor.
James Quille, Chairman of Macquarie Global Property Advisors (MGPA), with assets under management of 12 billion US dollars and one of Private Equity Real Estate magazine’s top 30 most influential global investors, was upbeat on property investment in Thailand and Asia in general, saying there was a strong trend towards more direct investment in real estate.
Among the discussions, the growing trend towards institutional investors allocating a higher proportion of their portfolio into real estate funds, which are certain to benefit the market with the emergence of Real Estate Investment Trusts in Thailand.
Kingdom’s CEO Nigel Cornick says real estate is also a people business and strong, successful projects are usually built on strong relationships.
Aptly demonstrating the sheer scale of the industry MGPA recently announced its merger with BlackRock, the world’s largest asset manager to create a global real estate group worth around $25 billion dollars.
Property consultants says the old adage to put your money intro bricks and mortar, particularly in places like Thailand, applies now, more than ever.
The evening dinner was the first of regular round-table industry dinners planned by Kingdom Property, which will feature speakers recognized for their extensive knowledge in the real estate industry.