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Laguna Beach Resort Buyer Investing THB14 Billion Into Asia

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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.

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