LPH confirms interest in Deja Hospital

LPH reported to the Stock Exchange of Thailand that its board of directors had authorised its executive, Dr Ungoon Chantanavanich, to approach Deja Hospital for the consideration of the offering-price condition with respect to the independent appraised value of the property and report the progress to the next board meeting.

 

Hospital study 

Chularat Hospital’s board of directors yesterday approved a study on investing in a new hospital in Chachoengsao.

The project will be a new generation of leading private hospitals providing A-class and contract customers who are not public health beneficiaries, the hospital said in a statement submitted to the stock authorities.

Construction is expected to commence in September with completion in 2018. The company, physicians, nurses and other healthcare professionals will join to build the new hospital for about Bt600 million. 

 

Hotel investment 

Asia-Pacific hotel investment in the first half of this year climbed 13.2 per cent to US$3.8 billion (Bt133 billion) from the same period last year as yields recovered to pre-global financial crisis levels, according to JLL, a real estate consulting company. 

During the first six months of this year, 14,025 keys traded across the Asia-Pacific region, higher than the 10,976 keys achieved over the same period a year ago. 

JLL recorded 59 transactions in 11 countries.

Japan led with $2.1 billion, followed by Australia ($278 million), China ($252.6 million), Vietnam ($237.6 million), Taiwan ($217.6 million) and Thailand ($138.3 million).

The top 10 single-asset transactions in the period collectively amounted to almost $1.7 billion.