CP Land Co, the property arm of Charoen Pokphand Group, is investing 11 billion baht in an aggressive nationwide expansion.
It will spend 1 billion baht to take over two hotels this year before splashing out more than 10 billion to develop 24 condominiums and six office towers next year.
"The time is ripe for us," said president and chief executive Sunthorn Arunanondchai. "Our property investment will be aggressive. We will develop all types mainly in major provinces after seeing huge opportunities outside Bangkok in the past few years."
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