Realty investor ACRE, NOON Capital to co-invest $150m in Thai realty projects

Residential and commercial buildings are reflected in the Stock Exchange of Thailand (SET) building, left, in Bangkok, Thailand, on Friday, June 22, 2018. Photographer: Brent Lewin/Bloomberg

Private real estate investor Asia Capital Real Estate (ACRE) and Southeast Asia-based developer NOON Capital are seeing to raise up to $150 million for a joint Thailand focused real estate fund that will invest in at least six multi-family development projects.

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