IREIFS Private Equity Group to Re-open Bangkok Office
Summary
We are talking middle to high end tourists who can communicate with their businesses easily with modern technology and are not concerned with cost of travel and accommodation,” he said.“Currently we have a 65 key luxury hospitality led resort with residential Villa component in the design phase in Mae Rim, Chiang Mai, with a cash investment of around THB 750 million and jobs for about 250 locals.“With investment offices in Paris, London, Cyprus and Dubai we have found that our investor clients as well as our private partners are seeking growth markets with stability, and Thailand offers this.We are talking middle to high end tourists who can communicate with their businesses easily with modern technology and are not concerned with cost of travel and accommodation,” he said.“Currently we have a 65 key luxury hospitality led resort with residential Villa component in the design phase in Mae Rim, Chiang Mai, with a cash investment of around THB 750 million and jobs for about 250 locals.“We are partners in a large [un-named] luxury Bangkok hotel and will use this as our base for expansion in the Kingdom,”IREIFS Group closed its Bangkok regional office reluctantly in 2005 due to political and economic concerns and moved to Singapore where it has several investments in the hotel and retail sector.“With investment offices in Paris, London, Cyprus and Dubai we have found that our investor clients as well as our private partners are seeking growth markets with stability, and Thailand offers this.