{"id":119315,"date":"2020-11-24T07:30:11","date_gmt":"2020-11-24T00:30:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-equity-fund-9-basil-eyes-first-acquisition-in-bangkok-as-distress-mounts-in-thailands-property-sector\/"},"modified":"2020-11-24T08:06:12","modified_gmt":"2020-11-24T01:06:12","slug":"private-equity-fund-9-basil-eyes-first-acquisition-in-bangkok-as-distress-mounts-in-thailands-property-sector","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-equity-fund-9-basil-eyes-first-acquisition-in-bangkok-as-distress-mounts-in-thailands-property-sector\/","title":{"rendered":"Private-equity fund 9 Basil eyes first acquisition in Bangkok, as distress mounts in Thailand\u2019s property sector"},"content":{"rendered":"


\nA private-equity fund backed by Thailand\u2019s Chiaravanont family, among others, is likely to acquire a residential development in Bangkok following the close of a maiden fund worth US$120 million.Founded by Schwin Chiaravanont and Kris Panijpan, 9 Basil is the Southeast Asia-focused investment arm of Bangkok-based Blueprint Forest, and is targeting the residential development, a distressed asset, in its initial foray into real estate.The acquisition underlines the tough conditions that property\u2026
\n
\nSource : South China Morning Post
\nRead more…Private-equity fund 9 Basil eyes first acquisition in Bangkok, as distress mounts in Thailand\u2019s property sector<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A private-equity fund backed by Thailand\u2019s Chiaravanont family, among others, is likely to acquire a...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-119315","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-v2r","jetpack-related-posts":[{"id":669,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3-things-to-remember-from-thailands-property-stimulus-proposal\/","url_meta":{"origin":119315,"position":0},"title":"3 things to remember from Thailand\u2019s property stimulus proposal","date":"January 4, 2016","format":false,"excerpt":"\r First-time buyers are the main beneficiaries of the kickstarter\u00a0package In a bid to revive\u00a0Thailand\u2019s waning real estate sector, Finance Minister\u00a0Sommai Phasee\u00a0recently approved a stimulus package aimed for to\u00a0increase the pace of property transfer in the country, the\u00a0Bangkok Post\u00a0recently reported. 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Image credit: MJ Prototype\/Shutterstock Faced with a flagging market, Thai luxury condo developers are striking out abroad to showcase their projects. Leading the charge is Pace Development Corp, the mastermind\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26740,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/major-developments-head-honcho-is-thailands-real-estate-personality-2016\/","url_meta":{"origin":119315,"position":4},"title":"Major Development\u2019s head honcho is Thailand\u2019s Real Estate Personality 2016","date":"September 21, 2016","format":false,"excerpt":"\r First winner announced for the 11th annual Thailand Property Awards Dr Suriya Poolvoralaks, managing director of Major Development, has been voted by the editors of Property Report\u00a0as Thailand\u2019s Real Estate Personality of the Year 2016. 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