ndustrial Buildings Corp., a subsidiary of Fishman Holdings, is investing NIS 100 million to build a luxury real estate project in Bangkok, marking its first entry into Thailand.
The company has signed a memorandum of understanding with three Thai companies to invest NIS 100m. for the acquisition of 50 percent of the real estate project.
The 123,000-square-meter, mixed-use project, including a luxury residential skyscraper, a hotel and a commercial high rise, will be built on a 12,300-sq.m. lot.
