Supalai Australia Holdings Pty Ltd (a subsidiary of Supalai Public Company Limited) has formed a joint venture with Stockland Communities Partnership HoldCo Pty Ltd, one of the largest publicly listed real estate companies in Australia, under the name "SSRCP HoldCo Pty Ltd". This new venture involves a substantial investment of over 530 million Australian dollars, equivalent to approximately 12.6 billion baht, to acquire 12 real estate development projects across 4 states and 5 major cities, representing a project value of 5.785 billion Australian dollars or over 137.7 billion baht for Supalai.

Dr. Prateep Tangmatitham, Chairman of the Executive Board of Supalai Public Company Limited, revealed that the Board of Directors of Supalai Public Company Limited has approved, in principle, the investment of Supalai Australia Holdings Pty Ltd (a subsidiary of Supalai Public Company Limited) in collaboration with Stockland Communities Partnership HoldCo Pty Ltd, a subsidiary of Stockland Corporation Ltd, one of the largest publicly listed real estate companies in Australia. This has led to the establishment of a new joint venture, "SSRCP HoldCo Pty Ltd", and the signing of a joint venture agreement to invest in real estate projects in Australia worth a total of 1.063 billion Australian dollars or approximately 25.3 billion baht.

Supalai Australia Holdings Pty Ltd will invest 49.9%, amounting to over 530 million Australian dollars or around 12.6 billion baht, while Stockland Communities Partnership HoldCo Pty Ltd will invest 50.1% to jointly acquire nearly all of the development projects from one of Australia's leading real estate firms, Lendlease Corporation Limited, totaling 12 projects in 4 states and 5 key cities. Among these is Sydney, a market where Supalai has not previously expanded, and Wollongong in New South Wales, with the total project value for Supalai amounting to 5.785 billion Australian dollars or over 137.7 billion baht.

Supalai has been expanding its investment in real estate development projects in Australia since 2014, and to date has invested in 12 projects, which have consistently received positive feedback from customers. All projects that the company has invested in are already operational, allowing for immediate revenue generation for the new joint venture upon the transfer of ownership from Lendlease Corporation Limited.

Over the past 10 years of continuous investment in real estate development in Australia, it has been found that Supalai Public Company Limited and its business partners share many similarities, such as professionalism, legality, business integrity, trustworthiness, and righteousness. These shared values and beliefs have fostered stronger business relationships over the long term, instilling confidence that this increased investment will enhance sustainable growth potential, as the Australian real estate market continues to grow positively. The customer base has high purchasing power, and with a stable economy, it is expected to yield satisfactory returns for the company.