{"id":140277,"date":"2019-03-04T16:35:16","date_gmt":"2019-03-04T09:35:16","guid":{"rendered":"https:\/\/propholic.com\/prop-now\/%e0%b8%ad%e0%b8%b4%e0%b9%82%e0%b8%95%e0%b8%8a%e0%b8%b9-%e0%b8%a3%e0%b9%88%e0%b8%a7%e0%b8%a1%e0%b9%80%e0%b8%9b%e0%b9%87%e0%b8%99%e0%b8%9e%e0%b8%b1%e0%b8%99%e0%b8%98%e0%b8%a1%e0%b8%b4%e0%b8%95%e0%b8%a3\/"},"modified":"2019-03-04T16:40:49","modified_gmt":"2019-03-04T09:40:49","slug":"%e0%b8%ad%e0%b8%b4%e0%b9%82%e0%b8%95%e0%b8%8a%e0%b8%b9-%e0%b8%a3%e0%b9%88%e0%b8%a7%e0%b8%a1%e0%b9%80%e0%b8%9b%e0%b9%87%e0%b8%99%e0%b8%9e%e0%b8%b1%e0%b8%99%e0%b8%98%e0%b8%a1%e0%b8%b4%e0%b8%95%e0%b8%a3","status":"publish","type":"prop-now","link":"https:\/\/propholic.com\/en\/prop-now\/%e0%b8%ad%e0%b8%b4%e0%b9%82%e0%b8%95%e0%b8%8a%e0%b8%b9-%e0%b8%a3%e0%b9%88%e0%b8%a7%e0%b8%a1%e0%b9%80%e0%b8%9b%e0%b9%87%e0%b8%99%e0%b8%9e%e0%b8%b1%e0%b8%99%e0%b8%98%e0%b8%a1%e0%b8%b4%e0%b8%95%e0%b8%a3\/","title":{"rendered":"ITOCHU partners with MQDC on Whizdom Asoke-Sukhumvit, investing in upscale Bangkok condominium"},"author":1,"template":"","tags":[4948,1840,4949,4950],"acf":{"banner_images":{"ID":140268,"id":140268,"title":"banner","filename":"banner-12.jpg","url":"https:\/\/propholic.com\/wp-content\/uploads\/2019\/03\/banner-12.jpg","alt":"","author":"73","description":"","caption":"","name":"banner-1303","date":"2019-03-04 09:33:06","modified":"2019-03-04 09:33:06","mime_type":"image\/jpeg","type":"image","icon":"https:\/\/propholic.com\/wp-includes\/images\/media\/default.png","width":1350,"height":440,"sizes":{"thumbnail":"https:\/\/propholic.com\/wp-content\/uploads\/2019\/03\/banner-12-150x150.jpg","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/propholic.com\/wp-content\/uploads\/2019\/03\/banner-12-300x98.jpg","medium-width":300,"medium-height":98,"medium_large":"https:\/\/propholic.com\/wp-content\/uploads\/2019\/03\/banner-12-768x250.jpg","medium_large-width":640,"medium_large-height":208,"large":"https:\/\/propholic.com\/wp-content\/uploads\/2019\/03\/banner-12-1024x334.jpg","large-width":640,"large-height":209,"1536x1536":"https:\/\/propholic.com\/wp-content\/uploads\/2019\/03\/banner-12.jpg","1536x1536-width":1350,"1536x1536-height":440,"2048x2048":"https:\/\/propholic.com\/wp-content\/uploads\/2019\/03\/banner-12.jpg","2048x2048-width":1350,"2048x2048-height":440}},"show_banner_in_homepage":false,"content":"
In its first investment in Thai property in over 20 years, Japanese giant ITOCHU has invested in MQDC\u2019s Whizdom-Asoke Sukhumvit condominium, reaffirming the global appeal of Bangkok real estate.<\/em><\/p>\n MQDC has formed a joint venture with Japan\u2019s ITOCHU to develop Whizdom Asoke-Sukhumvit, a 39-story condominium by Benjakitti Park with a project value of over THB9.5bn, in which the giant trading company is taking a 38% interest, its first investment to develop property in Thailand for over 20 years.<\/p>\n The joint venture demonstrates both the project\u2019s and Bangkok\u2019s global appeal, said Mr Assada Kaeokhiao, President of the Whizdom brand within MQDC \u2013 Magnolia Quality Development Corporation Limited, a Bangkok-based international property developer.<\/p>\n \u201cThe joint venture reflects Whizdom Asoke-Sukhumvit as a top-quality asset for residents and investors worldwide, bringing ITOCHU back to Thai real estate after over two decades with its prime location, unique design, and premium quality,\u201d he said.<\/p>\n \u201cThis agreement also speaks to Bangkok\u2019s enduring attraction for lifestyle and investment. Amid a cooling market, the outlook remains buoyant for projects that can offer truly unique aspects such as stunning views over a 450-rai forest park. We are honored to partner with a company with the prestige of ITOCHU, ranked high in the Fortune 500.\u201d<\/p>\n The joint venture agreement was formalized at a signing ceremony at Waldorf Astoria Bangkok in Magnolias Ratchadamri Boulevard (MRB).<\/p>\n<\/a><\/p>\n","content_2":"