By The Nation
The partnership also plans to tap economic zones in Thailand and Asean.
Shinwa Group, through its subsidiary Shinwa Real Estate (Thailand) Co Ltd, holds a 26 per cent stake in the joint venture, Pressance Corp holds 25 per cent, and the balance 49 per cent are controlled by Prebuilt Plc.
The project targets Thais who prefer a city lifestyle. REN Sukhumvit 39 will have a total of 298 units.