Sena to expand housing, warehouse portfolio in 2022

Sena Development intends to increase into warehouses, serviced residences and asset administration in 2022, while also growing forty nine new residential properties valued at 27.5 billion baht.
This 12 months, the company intends to enterprise into new sectors to find a way to enhance secure earnings from regular earnings, with the overwhelming majority of new operations related firms that may assist with property growth, the managing director told the Bangkok Post.
“Warehouses would be the first one we want to put cash into, as demand is growing in the course of the pandemic. Tools are interested in serviced residences during which we’ll co-invest with Japanese developer Hankyu Hanshin Properties Corp.”
Sena’s investment finances for new companies is roughly 1 billion baht. Painless include asset administration and private loans for home purchases.
Other companies shall be within the wellness industry, collaborating with medical specialists to deliver healthcare and monetary providers to homebuyers.
Sena is optimistic on the house growth market after buying a 24.16% stake in MAI-listed house developer J.S.P. Property final year and becoming its majority stakeholder.
It goals to launch 49 new projects costing 27.5 billion baht, growing from 12 initiatives totaling 10.2 billion baht in 2021. The new tasks will include 21 condominiums and 28 low-rise housing developments.
It will have ninety properties in whole, with the remaining items for sale valued at a total of 52.6 billion baht, an increase from forty one properties price 25.1 billion in December 2021.
Moreover, the Sena’s house portfolio, which is its main sector, will fall to 60% from 80% last year, while the company’s low-rise housing portfolio will improve to 40% from 20% following the strategic takeover..

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