LPP Property Management, a subsidiary of SET-listed developer L.P.N. Development Plc, will tap more non-L.P.N. projects, launching a turnkey project consultancy and establishing a joint venture with Synphaet Hospital with the aim of growing annual revenue by 30% from 2023.
Chief executive Surawut Sukcharoensin said Covid-19 had raised more awareness among condo residents about professional services from the property management firm as they were more concerned about hygiene and management when residents in the building were infected.
"During the pandemic, we got more condo projects to manage from firms not related to L.P.N.," he said. "It's an opportunity to capitalise on the rising demand."
