Juwai IQI's recent expansions throughout Asia has seen it opening a new office in Phuket, Thailand, reports Property PortalWatch (7 September 2020). With a number of Asian real estate companies keeping their eyes on Thailand, Juwai IQI is heading the bandwagon with this new hub. Juwai IQI executive chairman Georg Chmiel said: "By expanding our Thai footprint from Bangkok to include Phuket, we cover two of the most important markets for property sales in the country." The move to launch an office in Phuket by Juwai IQI will establish the province as an international player in the real estate industry. Foreign buyers account for around 90% of condo sales in Phuket. IQI Global Group CEO Kashif Ansari said: "We believe Phuket has an extremely bright future as an expat haven and tourist destination. It is one of the most exciting locations in the world. We want to be part of its further growth and success in 2021 and beyond."