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Posted: 04 Jun 2011 | 6:00 am
Press reports have quoted the buyer of the Laguna Beach Resort in Phuket, Real Estate Capital Asia Partners (RECAP) as saying they will invest up to THB14 billion in Asia this year.
The group remains bullish on Thailand on the heels of the recent launch in Bangkok of the M Society Condominium project.
Aside from Phuket and Bangkok the fund is active in Singapore, Hong Kong and Japan.
A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:
A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.
The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.
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