Thailand's Charn Issara plans $31.25m REIT for Sri Panwa

Thailand's Charn Issara plans $31.25m REIT for Sri Panwa

Sri Panwa resort, visual from the resort's homepage

Thailand’s Charn Issara Development PLC is planning to turn the upcoming phase two of its Phuket-based upscale resort property Sri Panwainto a one-billion-baht ($31.25 million) real estate investment trust (REIT). This will happen after the project is completed by September end, this year.

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