SIRI partners with Nomura to launch luxury condo JV THE MONUMENT SATHON worth 4.5 billion baht

M&A · Partnership
โดย HoonVision·TH·Read original
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Sansiri, or SIRI, has formed a joint venture with Nomura Real Estate Thailand to launch the luxury condominium project THE MONUMENT SATHON, with a total value of 4.5 billion baht. SIRI holds a 55 percent stake and Nomura holds 45 percent. The project is located in a prime CBD location on Sathorn Soi 10, just 80 meters from BTS Saint Louis station. It is a freehold condo with 29 floors and 185 units, with selling prices ranging from 9.9 million to 150 million baht. Units range from one-bedroom apartments of 39 square meters to penthouses of 240 to 303 square meters, of which there are only two. This project extends the THE MONUMENT brand following the success of THE MONUMENT THONGLOR and THE MONUMENT SANAMPAO, targeting high-net-worth individuals for both living and long-term investment.

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Nomura Real Estate (Thailand) Co., Ltd.Private▲ Positive
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Nomura partners in luxury condo JV, expanding its Thailand real estate portfolio.