Although launches of condo units increased in Pattaya last year, demand dropped significantly in the fourth quarter due mainly to political turmoil.
NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Bangkok Newsroom; Editing by Subhranshu Sahu)
Carrefour's property arm Carmila launches capital increase
PARIS, June 25 Carmila, the property unit of Europe's largest retailer Carrefour, announced on Sunday a capital increase of 557 million euros ($623.5 million) to fund its future expansion.