TICON Industrial Connection Public Company Limited (TICON) recently held a press conference announcing its strategic partnership with Mitsui. Under the partnership TICON has agreed to sell 30% of its stake in TICON Management Company Limited (TMAN) to Mitsui & Co. (Asia Pacific) Pte. Ltd. (MAP) which is wholly owned by Mitsui & Co., Ltd. (Mitsui). The partnership with Mitsui who is a leader in REIT Management business, especially in industrial and logistic REITs in Japan and Singapore will enable TMAN to expand its network and help strengthening TMAN’s competi-tiveness in the global arena by utilizing the Japanese network. MAP also plans to invest in the newly formed REIT, TICON Real Estate Investment Trust (TREIT), which is currently under filing with the SEC. The cooperation will enhance TREIT to expand its investment opportunities in many industrial and logistics properties in both Thailand and foreign countries.