Thai-listed Charn Issara sets aside $85.7m for hotel acquisitions in UK

Thai-listed Charn Issara sets aside $85.7m for hotel acquisitions in UK

Baba Beach Club Phuket

SET-listed property developer Charn Issara Development Pcl is looking at acquiring two hotels in the UK at a budget of 3 billion baht ($85.7 million) capitalising on pound depreciation dragging property prices, according to a report in Bangkok Post.

The firm is targeting properties with the size of 40 rooms each in the outskirts of London.

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