The Nest Property has teamed up with Japanese investment firm Kanden Realty to invest in horizontal real estate, preparing to launch a new project spanning over 70 rai on both sides of the road in a prime location on the new Krungthep Kreetha Road, with a total project value exceeding 5 billion baht. The first phase will feature exclusive 3-story single-family homes under the brand AERIE srinakarin-krungthepkreetha, starting at just 16.9 million baht. The company also plans to acquire an additional 3 plots of land within this year, aiming for sales exceeding 10 billion baht.

Ms. Usana Mahakit Siri, CEO of The Nest Property, stated, "Since the completion of Srinakarin-Romklao Road, or the new Krungthep Kreetha Road, in 2019, which connects the eastern and western outer ring road networks, it has improved travel efficiency and alleviated traffic issues, contributing to economic and social development in the area. This has transformed the region into a 'golden location' in eastern Bangkok, attracting leading real estate companies to invest, resulting in a vibrant market with community malls and luxury homes worth hundreds of billions of baht. The Nest Property, part of the P.M. Group, has also marked its presence in this lucrative area."

The company is currently preparing investment plans to acquire land for both short-term and medium-term real estate development projects, including high-rise residential projects such as condominiums and horizontal developments like single-family homes. This year, they plan to purchase an additional 3 plots of land, which will generate total sales exceeding 10 billion baht upon project completion.

The partnership with Kanden Realty Development Co., Ltd. (KRD), a major real estate developer in Japan, has led to the establishment of The Nest Home Co., Ltd., with a shareholding ratio of 60:40 to develop horizontal residences under the new brand Aerie, inspired by the concept of Central Park in New York. Currently, they have 2 plots of land (29 rai and 42 rai) on both sides of the new Krungthep Kreetha Road, totaling over 70 rai, with a sales value exceeding 5 billion baht.

The AERIE srinakarin-krungthepkreetha project is located on over 29 rai of land, with a project value of over 2.5 billion baht, featuring luxurious 3-story single-family homes with land sizes ranging from 50-80 square wah. There are 3 house designs available, with usable areas from 313-434 square meters, totaling 115 units, with sales starting at 16.9 million baht per unit, which is now officially on sale. Interested parties can find more details at www.thenestproperty.co.th or call 065-914-7979, with a goal to close sales by 2025.

Mr. Kenichi Fujino, Chairman of Kanden Realty and Development Co., Ltd., stated that the collaboration between The Nest Property and Kanden Realty and Development stems from shared philosophies and business commitments to establish international standards for high-end real estate in the country. At the same time, it aims to support future growth, as the company seeks to create a suitable business portfolio in Thailand. This investment will not only include single-family home projects but also condominiums, with plans to strengthen cooperation with The Nest Property further and create new value in the real estate sector by integrating wisdom and expertise gained from operating in various countries. The company also aims to expand real estate investments in Southeast Asian countries, having previously participated in the development of 10 residential projects in Vietnam, Indonesia, Thailand, and the United States, as well as 15 leasing projects in the United States, Singapore, and Australia.