• Thai Reit bid

Thailand’s stock market is promoting the country’s capital markets as a source of long term investment finance. It has approached hotel owners in Laos, Cambodia and Myanmar suggesting Reits as an attractive option, reports Bloomberg.

Investors are seeking broader opportunities, in neighbouring countries. Spinning off assets into a Reit is a simpler route to external finance than a local whole-company IPO, suggest the Thais.

Read the full story here:

https://www.bloomberg.com/news/articles/2019-12-04/thailand-stock-exchange-sees-more-listings-of-foreign-securities

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