KTAM Aims to Become Thailand’s Leading Property Fund,Increasing Assets Under Management to 11.3 Billion
The Bangkok Post reported on Thursday, 22 February that real estate investment in Thailand soared by 81.8 percent to $2 billion (1.3 billion)in 2012, nearly double the $1.1 billion (720 million) in 2011, as property funds markedly increased their investment activity.
According to property consultant DTZ, Thailand’s real estate market was boosted by the listing of major property funds and a high number of acquisitions, particularly in the office and hotel sectors. Some $1.1 billion (720 million), or 55 percent of total real estate investment, came from transactions by real estate funds or public funds for public offerings (PFPOs).
Investment activity received a major boost from the listing of Tesco Lotus Retail Growth Freehold and Leasehold (TLGF) in the beginning of January 2012, which proved to bethe largest property fund listing for the year. The $594-million (389 million) fund purchased 17 Tesco Lotus shopping malls in prime locations across Thailand in a deal which by itself exceeded half of the real estate investments in the country in 2011.
Other notable property fund investments in 2012 included the purchase during the first quarter of three serviced apartment complexesand residences for $106 million (69 million) by the listed Land and Houses Freehold and Leasehold Property Fund (LHPF). Additionally, the Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) bought three Centre Point serviced apartments in the third quarter, for some $107 million (70 million).
KTAM Eyes Real Estate Market
Krung Thai Asset Management (KTAM) has the ambition to lead the market in property funds and,more specifically, to increase its assets under management by 20 percent in 2013 to 516 billion baht (11.3 billion), said chief executive officer Somchai Boonnamsiri, citing the positive overall investment climate.
The Bangkok Post reports that Thai billionaire Charoen Sirivadhanabhakdi plans to raise funds through the funds managed by KTAM, with the subsequent capital increase being dedicated to turning KTAM into the global leader of this type of fund.
KTAM is considering entering new markets including Mexico, Brazil and some European countries. Annualised return for short-term investments in these regions is forecast at 3.5 percent or about one percent higher than returns in the Thai domestic market.
The Thai fund intends to boost the capital of property funds under the direction Sirivadhanabhakdi’s TCC group to as high as 50 billion baht (1.1 billion) this year. The fund also plans to launch ETFs on the Stock Exchange of Thailand in sectors such as food, energy, ICT and the commercial sector.
2013 will be the last year in which Thailand’s Securities and Exchange Commission will allow investments in what has been known as property type 1, with introduction a new type of property fund, the internationally recognised real estate investment trust, set to replace the old structure.
There is something that you need to constantly keep in mind relative to unit remodelling. When contractors acquire an item of property that they prepare to build a house on, they will certainly do everything they could do make as too much cash as possible on their residences. You might be able to get them to accept several of these suggestions, although they probably won’t accept all of them. Structure residences can be an extremely lucrative company – which is why most business like to build their residences exactly as the plans call for./p>
When looking at incomplete homes, you additionally need to look at what banks want to accept. If you are intending to obtain a home loan, a lot of financial institutions will should ensure that the residence is up to regional codes and in living condition. Just what this means, is that there will need to be a living-room, bed room, and other rooms finished. If the home is lacking quite a little in terms of being unfinished, most financial institutions won’t give you a home mortgage.
Many banks are also known to refuse unfinished home mortgages that they really feel will certainly have trouble selling on the occasion that you default. Normally, the whole downstairs area will need to be completed, along with most of the landscaping. You could be able to do some of it on your own and save money, although in many cases the home contractor will have to do a majority of the topsoil and turf just to satisfy the financial institution. Financial institutions have stringent requirements when it concerns unfinished houses, which is why you should constantly contact your bank just before you buy an incomplete residence.
As the majority of us currently understand, getting an unfinished home offers an excellent method to get into the housing market and obtain your own house. Incomplete homes also enable prospective buyers the opportunity to turn into their residence together with their family members. If you want conserving cash, you should make certain to talk with the home builder. In this manner, you could go over the plans and determine what does not should be there. In many cases you could save a lot of cash and still get a residence that will certainly give years and years of memories for yourself and your whole family.
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After the successful experiments with legendry projects like Supernova and North Eye, Supertech has come up with the new housing concepts based on Rome theme called The Romano. Supertech Romano is the latest housing concept brought to Noida to bring revolution in the Real Estate market.We want to bring enhancement in architect and design that Delhi/NCR has not seen before. As we know that everyone wants to live in the secured and gated community and Noida and neighboring is providing the same. As a result it has become the most demanded housing unit in Delhi/NCR. This is main reason that demand for property has peaked in Noida.
After investing in the national capital people prefer to buy assets in neighboring regions and places. Seeing the uprising demand of dwelling Supertech is continued to serve them with same enthuse and passion and launching most renowned buildings one after the other. Our motto is to make you happy and we have already given happiness to thousands of family. We feel that we have covered only few steps and still there is thousands of millions left to be covered. If you want to fulfill your dream of living in a foreign then your wait is over now. We have planned a housing concepts based on the Rome culture. Feel the aspiring nature and stay close to nature by living in modernization. The project is spread over vast acre of land and most of area is kept open to receive ample amount of heat and light. Every apartment is executed so smartly and beautifully that one can make his own private heaven on the earth. Live in Noida but feel like Rome, this is the first time in the history of Noida realty. People are admiring the project and large number of people has their interest in this project. We are receiving query from the very first day of foundation and we are very delighted to gift such kind of residential projects to the city Noida.
Let have a quick glance over the proposed specification of this project. We are pleased to introduce splendid lifestyle with Supertech Romano. The project is blessed with every world class modern amenity like swimming pool, jogging park, and spa, Gymnasium, zone for kids and senior citizens, three layer securities and many more amenities to be discussed and to be gifted to the residents of Delhi/NCR. Enjoy mesmerizing sense and cozy kind of living. Enjoy a real home away from your home in the prime location of sector 118 Noida. It is offering Two, Three and four BHK amazing flats with amenity. A place where own kingdom will be established according to you. Enjoy and we wish happy living.
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Lets face it, even if you own a great investment property with $75,000
in equity, that equity wont pay the billsits not in your bank accountbottom line, you cant eat equity. So to realize your profit, you need to sell the real estate.
The following tips could help sell your investment property quickly. 1) Keep the price fair. Sure, you want to make the most it. But unless youre in a rapidly appreciating market, your business is better off if you offer a competitive price. Its always better to make a fast nickel, than a slow dime. 2) Virtual tours – More than two thirds of buyers research potential real estate purchases online now. 3) Landscaping – Creating curb appeal can fetch up to 15% more. Hint: many flower businesses and nurseries offer free advice to help turn a yard into a sensory delight for buyers. 4) Indoor decorations – Add some plants, which reduce air-conditioning costs by up to 25%. Plants also look great and keep the home beautiful, created a caring, lived in feeling. 5) In-ground sprinkler systems – (for upper and middle class neighborhoods only). Again, you’re investing in real estate. While sprinklers are pricey, they help encourage a sale in mid to high end homes, and can
boost your profit considerably, bringing you closer to making money from home. 6) Create more space – By painting walls a pale color, gives the illusion of additional space. 7) Check what’s underfoot – Make sure the floors are like new. You can buy used carpet from model homes but has not been worn. Hint: A rug with horizontal stripes can make a narrow hallway feel
wider. 8) Paint – Youre investing in real estate. Youre investing in yourself. Its the best way to make money from home. So add the odd warm shades such as yellow, red, and orange to the real estate to throw off a cozy feeling. Hint: the aroma of fresh paint gives off a new home feeling. 9) Clean storage spaces thoroughly – Clutters bad. It’s just good business sense. 10) Staging – Create a homely atmosphere by renting furniture and/or hire a decorating professional to do it for you. Staged houses sell more quickly and for a higher price
3 BONUS Tips: Follow the 3-D’s in your real estate business when selling a property: 1. declutter; 2. Depersonalize – remove personal items so buyers can picture themselves in the real estate; 3. Deep clean using a professional cleaning service.
By doing even half of these tips, your chances of selling your investment real estate is far greater and quite possibly, will be more profitable.
by Mary Wozny
Good property fund management bolsters the strength of real estate investments.
The attraction of historically low land valuation is compelling investors to consider real property as an important complement or even lynchpin of their financial strategies. Because most people lack deep familiarity with real estate and land investing and how to discern a smart acquisition from a poor one, investors depend on property fund managers to guide them in their investment choices.
Managers of property funds will follow a strategy, such as a focus on warehouses, retail centres, hotels and resort properties or undeveloped land. Typically, fund managers expect most of the land it acquires to be sold to developers involved in house building. .
These strategies adapt to evolving market conditions, of course. A good example of a fund management strategy is one that considers how residential homebuilders are decoupling their role of cost-effective housing delivery from that of land acquisition. That presents opportunities for property fund managers to prepare and deliver land that is ready for construction. The specialists who manage those funds are experts in the acquisition, design, master planning and promotion of sites.
In that same example, it is beholden on the property fund management firm to first identify – on behalf of investors – where the best opportunities lie in land acquisition. They are attentive to where population and economic conditions will drive housing or other needs for land development and to where local authorities are likely to allow rezoning or change-of-use plans to accommodate the kind of development that will ultimately be profitable to all stakeholders.