"Primo Service Solution" or PRI <\/span><\/strong><\/span>is accelerating the expansion of its Super Living Service empire by sending its subsidiary "United Project Management" to shake up the real estate sector by acquiring shares in "Projects Asia," a major engineering consultancy that manages comprehensive real estate development projects.<\/span><\/strong><\/span> The aim is to strengthen the construction management business and enhance competitive capabilities <\/span><\/strong>while expanding the customer base to include hotel management, large shopping centers, <\/strong>and grade A office buildings, allowing for immediate revenue recognition from existing businesses, driving sustainable and significant growth.<\/span><\/strong><\/span><\/p>

Ms. Jatuporn Wilai Kaew, Chief Executive Officer <\/span>PRI <\/strong><\/span>and leader in modern comprehensive real estate services, revealed that <\/span><\/span>the company continues to pursue growth in all dimensions <\/span>under the concept of "<\/strong><\/span><\/span>Super Living Service"<\/span><\/span><\/strong> across upstream, midstream, and downstream sectors <\/span><\/span>continuously. Recently, the company has facilitated United Project Management Co., Ltd.<\/strong> or <\/span>UPM<\/span><\/strong>, a subsidiary providing construction project management services, to acquire Projects Asia Co., Ltd.<\/strong>, an engineering consultancy business, including management and control of construction projects in real estate, which has previously managed large-scale national projects such as residential buildings, hotels, office buildings, and shopping centers, including <\/span>185 Rajdamri, The Okura Prestige Bangkok, Centara Grand at Central Ladprao, Park Venture Eco-plex, FYI Center, Icon Siam.<\/span><\/p>

"Projects Asia <\/span>will help strengthen the upstream business base of the PRI group in two areas: 1. Customer base expansion<\/strong> by enabling UPM to access larger clients in the commercial real estate sector, such as hotels, office buildings, and shopping malls, compared to its previous focus on residential clients, and 2. Knowledge and personnel<\/strong> by providing the company with expertise and experienced personnel immediately.<\/span>" Ms. Jatuporn <\/strong>stated.<\/span><\/p>

Associate Professor Dr. Arun Sirijanusorn<\/span><\/strong> <\/strong>CEO of<\/span><\/strong> UPM<\/span><\/strong><\/span>, a construction project management service provider under <\/span>PRI, added that the company is one of the upstream service businesses with the highest growth rate in 2022 compared to other PRI business groups, achieving a growth rate of three times from 2021, prompting the company to seek new opportunities for continuous strengthening of its expansion.<\/span><\/p>

"This share acquisition will <\/span>enhance competitive capabilities and expand the engineering consultancy business, including management and control of large-scale construction projects, to support new clients with continuous growth. Meanwhile, the strong performance of Projects Asia will allow us to recognize revenue from services immediately, <\/span>helping to propel the company towards becoming a <\/span>Super Living Service <\/span>that can grow continuously and sustainably.<\/span>" Associate Professor Dr. Arun <\/strong><\/span> <\/strong>stated.<\/span><\/p>

Mr. Brian John Simmonds, Managing Director of Projects Asia Co., Ltd.<\/span> <\/span>expressed that the company is very pleased and proud to collaborate in this venture, marking a significant partnership in the Thai real estate sector that combines the strengths of engineering consultancy and construction management with the architectural design services of <\/span>UPM to create future business growth, as upstream businesses require true expertise and experience.<\/span><\/strong>

"With over 33 years of experience in consultancy and management of numerous large-scale national construction projects, we are confident that the company will be a driving force for <\/span>UPM and PRI to grow strongly and sustainably," Mr. Brian <\/strong>concluded.<\/span>

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For <\/span><\/span> PRI<\/strong> is a leading provider of comprehensive real estate services in the country with over 11 years of experience. Currently, it operates under three main business groups: 1. Upstream Business – Pre-Living Services<\/strong> such as construction management consultancy, architectural design services, structural, civil, and system works, and training and skill development services; 2. Midstream Business – Living Services<\/strong> such as management services for condominium juristic persons, housing estates, shopping malls, buildings, and offices, premium apartment services, and comprehensive real estate buying, selling, and leasing services; and 3. Downstream Business – Post-Sale Living Services<\/strong> such as housekeeping and maintenance services, interior design and decoration services.<\/p>

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