Grand Canal Land Public Co. Ltd.
0.62
THB
-0.01
(-1.59%)
Grand Canal Land Public Co. Ltd.
SET:GLAND.R
(Stock Exchange of Thailand)
Recent
price
0.62
P/E
ratio
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div
yld
- -
ROIC.AI
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- Business
- Grand Canal Land Public Company Limited (GLAND.BK) is a Thailand-based real estate developer engaged in property development, investment, and management. The company develops and sells residential condominium units, including luxury high-rise projects such as Grand Canal Rama 9, Grand Canal Chiang Mai, and Riva Park brands; constructs and leases commercial properties like office buildings, retail spaces, and mixed-use complexes; and manages hotel and hospitality assets under partnerships with international operators. It operates primarily in Thailand, with key projects in Bangkok, Chiang Mai, and other major urban centers, targeting middle-to-upper income buyers, corporate tenants, and hospitality guests. Founded in 2005 and headquartered in Bangkok, the company focuses on premium urban lifestyle properties in the real estate development and investment segments. In recent developments, Grand Canal Land expanded its portfolio through the launch of new residential phases at existing projects and strategic land acquisitions in high-growth areas of Bangkok during 2024-2025. The company formed alliances with leading construction firms for sustainable building initiatives and pursued funding for green-certified developments amid Thailand's property market recovery. No major acquisitions, name changes, or reorganizations were reported in the last two years, with operations emphasizing steady project delivery and asset enhancement.