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Thai Rath: PACE said investment takes time





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Thai Rath: PACE said investment takes time


19 December 2014

Mr. Sorapoj Techakraisri, Chief Executive Officer of PACE Development Corporation plc, Thailand’s high-end real estate developer said  PACE core business (real-estate) although might get affected from economic cycle less than other developers. But the business is restrained by the period of construction which affects the realization of the company’s income.  However, by adding F&B business which has high profit margin, will add a sustainable income stream to PACE portfolio and increase investors’ and buyers confidence in the company.

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