It's been reported that Johan Hansen, the founder of Beach Projects and BB Phuket passed away yesterday in Bangkok.
Hansen was a real estate developer in Belgium with Skyline Projects before coming to Asia and starting Beach Projects with a series of initial projects in Phuket.
He was a major investor in Bugatti Hotels and had recently celebrated the opening of the BB Beach Club on Phuket's east coast.
If you are interested in hotel managed residences, villa and condominium hotels, serviced apartments, shared ownership and fractional ownership then Singapore is the place to be next week.
The annual AOCAP conference which has joined the HICAP stable of events will be help March 18th and 19th at the Pan Pacific Hotel Singapore.
This year is a pairing of back to back events with HICAP Update first followed by AOCAP.
For details of the event <link>http://www.aocap.org*CLICK</link>
Phuket has a new Australian Honorary Consul Michelle Hawryluk
Hawryluk who is a lawyer, is a partner in a legal firm on the island.
She is a graduate of Bond University's law school.
Australia continues to be a popular destination for travelers from Down Under and the island has a large expat population of Aussies.
As Phuket continues its surge into the mass tourism and property market, new projects are starting to push skyward.
One of the latest is a planned 190 unit condominium project named Nusa Raya at the junction of Layan Soi 2 leading towards the Nikki Beach Club.
Plans call for two mid-rise buildings, with each being seven storey's tall.
Layan has seen strong development on the luxury side with new ultra villa estates at Anantara and Avadina Hills in the development process.
Nearby Laguna and Cherngtalay are already seeing a greater number of mid-rise buildings coming up.
Britain will roll out a new capital gains tax on real estate on April 6th.
This scheme is aimed at foreign non-resident purchasers looking to flip properties.
The tax range will be between 18 and 28%.
Property speculation has been a growing issue for the country and the new tax is intended to curb the practice.
For those who think hotel branded residences are only in the Asian subconscious, think again.
Two high profile developments I've been looking at recently are the Ritz-Carlton Residences at Hawaii's Waikiki Beach and The Residences at the Mandarin Oriental Atlanta.
Pricing point are sky-high for the offerings and branding premiums are evident in pricing points.
US developers look to be tapping into brand value in a way their Asian counterparts have been doing since the GFC.
A number of readers have asked about services for property developer Stephen Paine who passed away last Saturday.
Location
Wat Thep Vanaram,
Baan Manik
Prayers
Daily from Wednesday, 25th Feb to Friday, 27th Feb
6.30pm – 7.30pm
Funeral Rites and Cremation
Saturday, 28th February 2015
11am
No flowers please/ donations can be made to the "Phuket Has Been Good To Us Foundation"
Phuket real estate developer Stephen Paine was found dead at his home this morning.
Over the past decade Stephen successfully first led the Surin Heights estate and subsequently the Malaiwana luxury property development.
A British national, he was a strong promoter of Phuket and was leaves behind his wife Kathy and many close friends.
I knew Stephen for longer than I can recall and can simply say he will be missed.
Destination Resorts, which owns four hotels in Phuket, has taken on a Southeast Asia franchise deal for Hooters.
After opening their first property in Patong, the group are not looking to expand with thirty locations in the region.
The deal stretches beyond the region and covers Hong Kong And Macau.
Canadian Gary Murray heads Destination who own the DoubleTree by Hilton Surin, Swissotel Kamala, Novotel Karon and DusitD2 Patong.
