Press Release
Country Group Development PCL
Country Group Development Public Company Limited (CGD)
Country Group Development Public Company Limited (CGD) is progressive real estate company listed on the Stock Exchange of Thailand (SET). Its focus is to seek out special development or investment opportunities and execute them professionally to deliver superior returns. CGD's platform covers the areas of development, investments and managed investments.
CGD was formerly known as Dragon 1 Public Company Limited, a holding company focused on businesses in the IT sector. Eventually its focus shifted towards real estate development, leading to a formal name change in May 2010. Since then, CGD has experienced rapid growth, increasing its paid up capital from THB 489M to THB 7,336M Using its capital to acquire key development projects, the company successfully entered profitability on the revenues from project sales in 2014.
Country Group Development seeks out real estate opportunities throughout the industry, not limiting itself to any type of development. Its openness to investments in hospitality, residences, retail, and data centers allow the company to take advantage of diverse opportunities discovered through its wide network.
CGD IS CURRENTLY ENGAGED IN THESE ACTIVE PROJECTS
ELEMENTS SRINAKARIN
Elements Srinakarin – a 1,058 condominium development located 130m away from one of Bangkok's largest regional malls. The project is in its final stage, with most units sold.
DATA CENTER REIT
Data Center REIT – Thailand's first listed Data Center REIT, featuring a strategic UK data center asset to be followed by more acquisitions in this high-income generating asset class.
CHAO PHRAYA ESTATE
One of Bangkok's largest new developments featuring two ultra- luxury riverside hotels under the management brands of Four Seasons and Capella. The 36-rai site also features the architecturally significant Four Seasons Residences, a 73- storey tower featuring 355 luxury units.