BY P.R. VENKAT AND NOPPARAT CHAICHALEARMMONGKOL

Thailand’s Land Houses PCL, the country’s largest home builder by market capitalization, is considering listing some of its real-estate assets in an offering that could potentially raise as much as $600 million, people with knowledge of the matter said Wednesday.

The company has sought out banks to discuss an initial public offering of the assets, in the form of a property trust, in the fourth quarter of this year, the people said.

Planning for the IPO comes amid a crisis of confidence in Asia, with stock markets in the region having broadly and inexorably fallen over the past week …