CG Capital Prepares Second Mixed-Use Development in Phuket

CG Capital Advisory Ltd, the private equity arm of Central Group, has announced its plans to launch a second mixed-use development project in Phuket, Thailand, within the next two months. This strategic move aims to capitalize on the robust market demand currently observed on the island. The upcoming development will integrate both hotel and residential components, following CG Capital's successful development model in Phuket. The company is optimistic about the sustained growth potential of Phuket's tourism and real estate sectors, particularly with increasing interest from international visitors and investors in the post-pandemic era. Through such premium projects, CG Capital seeks to further solidify its position in the Thai property market and deliver significant returns for its investors.