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Sena plans to branch out into warehouses

Ms Kessara said Sena plans to launch 49 new residential projects worth a combined 27.5 billion baht this year.

SET-listed Sena Development plans to branch out to warehouses, serviced apartments and asset management, while planning 49 new residential projects worth a combined 27.5 billion baht in 2022.

Managing director Kessara Thanyalakpark said the company wants to diversify to other businesses this year to increase stable revenue from recurring income.

Most of the new ventures are related businesses that can support property development, said Ms Kessara.

“Warehouses will be the first one we want to invest in, as demand is growing during the pandemic,” she said.

“We are interested in serviced residences in which we will co-invest with Japanese developer Hankyu Hanshin Properties Corp.”

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