From our inception in 2004 with a single serviced apartment project, the Boutique Group of Companies has expanded and evolved into one of the leading real estate developers and owners in the Limited Service Hospitality Sector in Thailand. Moving into retail will also enable us to diversify our hospitality portfolio. Prab Thakral, Boutique has a proven track record of success in developing high qua
lity serviced apartments and enjoys the ability to secure premium sites and streamline construction methods. In 2005, Boutique partnered with Singapore’s Ascott Group, the world’s largest owner/operator of serviced apartments and successfully launched Asia’s first Citadines property. To date, Boutique has expanded its portfolio to six operating properties in a short period of time, with a total of 715 hotel rooms in Sukhumvit, making us a leader in our segment. Boutique’s management team has extensive industry experience and in depth expertise in key aspects of real estate acquisition, project development and asset management. Boutique’s seventh project, Rain Hill, is the company’s first mixed-used development, to be launched on Sukhumvit Road. This newest development features retail and apartments targeted at the affluent community. Our goal is to further expand our portfolio both in Thailand and beyond our borders. We also aim to introduce more limited service concepts with leading global brands as well as continue to rollout our retail platform.
