A partner firm agreement has been signed between Pacvest Property Services, the property-marketing arm of Pacvest Group and Shanghai-based ACN Worldwide Inc. Pacvest will have access to the ACN marketing platform to offer select Thai properties to ACN’s extensive Mainland Chinese high net worth client base.
The agreement was fueled by the recent influx of Mainland Chinese tourists to Thailand, particularly in the establish resort destinations of Pattaya and Phuket. This has led to a high level of buyer demand for prime properties.
The agreement was fueled by the recent influx of Mainland Chinese tourists to Thailand, particularly in the establish resort destinations of Pattaya and Phuket. This has led to a high level of buyer demand for prime properties.
For buyers seeking investment-grade real estate in prime international locations, Thailand represents an excellent opportunity for above-average rental returns and capital gains. Location, quality and superior facilities are essential to satisfy the huge demand from the wealthy buyers.
“ACN’s sophisticated marketing platform, available exclusively though Pacvest, offers an unique opportunity for Thai developers to enter this largely, untapped market.” Anthony James, chairman of Pacvest Group, said in a press release.
ACN’s marketing platform includes an investors membership club, extensive e-marketing, an online database, newsletter and a global network of affiliate agents available exclusively through ACN/Pacvest.
ACN and Pacvest will promote carefully selected properties to ACN’s extensive client base. Professionally managed investment Seminars and cocktail parties will be held in five-star venues in Shanghai for pre-qualified buyers and financial intermediaries. Immigration, tax, legal, and finance professionals will be on hand to provide additional information.
“We are seeking developments with a minimum of 50 units (foreign ownership) to offer through the ACN/Pacvest route to market,” Janyaporn Morel, business development manager of Pacvest Group said. Developments in the early stages of the construction are preferred, with rental guarantees of five percent net per annum. The most popular price range is from THB six billion (US$200,000). Pacvest will conduct full legal and financial due diligence on each development to be offered for sale.”
Source by Property-report
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