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News Release

Phuket

Absolute World Group Names Jones Lang LaSalle as Condominium Manager for Absolute Bangla Suites and Absolute Nakalay Beach Resort in Phuket


Absolute World Group today announced that the firm has appointed Jones Lang LaSalle as condominium managers for its two new boutique properties in Phuket – Absolute Bangla Suites and Absolute Nakalay Beach Resort.
 
“We are proud to partner with Jones Lang LaSalle on our latest Phuket condominium developments – Absolute Bangla Suites and Absolute Nakalay Beach Resort. We are delighted to add Jones Lang LaSalle to our growing network of international partner alliances.  We are certain our clients will benefit greatly from an additional level of service and trust and we look forward to further collaborations on our many future mixed-use resort developments,” said Bryan Lunt, Chairman and CEO of Absolute World Group.
 
Opened in October 2009, Absolute Bangla Suites is located on Bangla Road in the heart of Patong Beach. The development is one of the most luxurious mixed-use resorts in Patong, consisting of 54 suites from studios to penthouses. Units were sold as condominium freehold, leasehold and fractional ownership.
 
Absolute Nakalay Beach Resort is located in the private cove of Nakalay, on the West Coast of Phuket, just five minutes from the shopping and entertainment centre of Patong Beach. Opened in January 2010, Absolute Nakalay Beach Resort offers 33 beachfront luxury apartments – studios, one and two-bedroom units, and penthouses with spectacular ocean views.
 
The appointment has committed Jones Lang LaSalle to providing a range of condominium management services for Absolute Bangla Suites and Absolute Nakalay Beach Resort, including Condo Juristic legalities and cost management and allocation. Resort management and operations for both properties continues to be provided by Absolute Resorts and Hotels.
 
“With the knowledge and expertise of Jones Lang LaSalle, our condominium owners at both developments will be ensured of professional management allowing both properties to operate effectively and efficiently, providing both strong returns and capital growth of their asset,” added Lunt.
 
Jones Lang LaSalle, an international services firm specializing in real estate, is an industry leader in property and corporate facility management services, with a portfolio of more than 148 million square metres worldwide. The firm is also the largest international property management service provider in Thailand, managing more than 3.6 million square metres including high-profile commercial and residential buildings in Bangkok and luxurious resort properties in Phuket.
For more information, visit www.absolutedevelopments.com