A Tesla car is seen in Santa Monica, California, United States, October 23, 2018. REUTERS/Lucy Nicholson

Singapore’s Prima Asset Management has committed around $30 million to Thai real estate advisory and asset management firm Capital Solution Asia as it looks to expand in markets beyond its home turf.

The deal comes at a time when Capital Solution Asia has acquired a site in Bangkok to accommodate Tesla Motors’ first showroom in Thailand as electric vehicle brands gain prominence in the country.

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