Rental residential developer Homa is planning to spend 10 billion baht to build or acquire 5,000 rental units in Thailand, Indonesia, Vietnam and the Philippines over the next five years to capitalise on the trend among younger generations of consumers who prefer renting to owning a property.
Founder and managing director Luca Dotti said the definition of a home was shifting away from a place of long-term permanence, as newer generations prefer to invest more in experiences than a static way of life.
“Younger generations of consumers are seeking a new meaning for…
