Singha Estate’s commercial property businesses include 140,000 square metres of commercial office and retail space contributing 15% of total revenue in 2020.
Singha Estate Pcl aims to triple annual revenue to around 20 billion baht in three years and grow assets to 80 billion from 65 billion baht at the end of 2020, while also growing its margins.
The firm announced that it is pursuing a strategic broadening of its business by integrating traditional property businesses with industrial estates, power generation, engineering services and other related businesses.
“This is a milestone year that marks our transition to the next phase of Singha Estate’s development journey,” Chutinant Bhirombhakdi, chairman of the board of directors of Singha Estate, said.
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