Raimon, Japan partner join for condo projects 

Real Estate April 20, 2018 01:00

By The Nation

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Listed property firm Raimon Land Plc has formed a joint venture with Japanese property firm Tokyo Tatemono Asia Pte Ltd to develop two condominium projects on  Sukhumvit and Sathorn at a total investment cost of Bt9 billion.

Raimon Land will take a 51 per cent stake in the new compnay with the Japanese partner holding the balance of 49 per cent, said  chief financial officer Sataporn Amornvorapak at the signing yesterday.