The Wall Street Journal, 20 May 2010, By PATRICK BARTA and ALEX FRANGOS Thailand’s standing as a major investment destination is coming under question as its government fails to resolve the country’s bloody political crisis and economic damage mounts. Bangkok grew calmer Thursday, a day after hard-line protesters set fire to the country’s stock exchange [...]
Bangkok Post 12 May 2010 Real Estate Investment in Asia Surged in Q1, Says CBRE But year-on-year rise reflects slump in 2009 Total direct real estate investment in Asia in the first quarter soared by 215%year-on-year to an estimated US$16.5 billion, reflecting a buoyant market, according to the latest quarterly Asia Investment Market View conducted [...]
BANGKOK POST Issued date 9 May 2010 The Thai market has historically shown it can weather crises without damage to investors The protracted political stand-off that has turned parts of Bangkok’s inner city into a barricaded fortress for more than a month is unlikely to lead to dramatic drops in property values, although some people [...]
Bangkok – 17 May 2010 – CB Richard Ellis (CBRE) Thailand announces temporary relocation of its Bangkok office to Bangkok International Trade & Exhibition Centre (BITEC) on Bangna-Trad Road, effective from 17 May 2010, due to the current situation to ensure the continuity in providing services. CBRE will be operating a reduced office hours from [...]
Written by Aliwassa Pathnadabutr, Managing Director of CB Richard Ellis Thailand and Published on The Nation dated 19 April 2010. Thailand’s political crisis has dominated news headlines for the past month and it is undeniably a pressing issue that businesses cannot ignore. The prolonged protests and crisis have had effects far beyond the tourism and [...]
CB Richard Ellis (CBRE) Thailand has made outstanding achievements at the Asia Pacific Property Awards in association with Bloomberg Television. The winners were announced the gala dinner on 16th April at The Langham Hotel in Hong Kong which was well attended by hundreds of property professionals from across Asia Pacific. The annual event is part [...]
Source: Bangkok Post, March 23, 2010 The cabinet has agreed to extend tax incentive measures to stimulus the property development sector, which will end on March 28, for another two months, Prime Minister Abhisit Vejjajiva said on Tuesday afternoon. “The decision was made on ground that about 10,000 people who had bought their homes might [...]
Thailand Investment MarketView Q4 2009 There was an increase in the number of building transactions in Q4 2009. The most notable transactions were TPARK LOGISTICS PROPERTY FUND (TLOGIS) and CIMB Thai Bank. TPARK LOGISTICS PROPERTY FUND (TLOGIS) bought 15 warehouses with usable area of 70,731 square meters from Ticon industrial PLC, for THB 1.53 billion. [...]
Bangkok Luxury Hotel MarketView Q4 2009 The hotel sector in Bangkok still faced reduced levels of tourism, down 3.8% Y-o-Y, in 2009. This figure is a marked improvement from the first half of the year with Q1 showing Y-o-Y decline of 13.4% and Q2 down 14.4%. The second half of the year showed a Y-o-Y [...]
Bangkok Overall MarketView Q4 2009 Both the economy and the property market improved in the fourth quarter of 2009. In the condominium sector developers focused on one bedroom units. LPN and Supalai both publicly listed developers sold over 4,000 condominium units in projects launched in one weekend in November. At the same time there are [...]
Source: South China Morning Post - Wednesday, March 10, 2010 / author: Peta Tomlinson Mention Cambodia and many things may spring to mind. Most likely, property investment is not one of them. Even tourism may not factor into the thinking. Yet both are high on the agenda as Cambodia works to distance itself from the shackles [...]
Written by Aliwassa Pathnadabutr, Managing Director of CB Richard Ellis Thailand and Published on The Nation dated 15 March 2010. With the strengthening of the local and global economies, the Bangkok property market has been active, with new project launches well received, many of them selling out within days. At fringe locations surrounding central Bangkok, [...]
CBRE’s Leisure and Alternative Investment team in the U.K. has been appointed as marketing agent by the Administrators for Selhurst Park stadium, the current home of championship football club Crystal Palace. The assignment followed the recent appointment of PricewaterhouseCoopers LLP (PwC) as joint administrator to the freehold company for Selhurst Park. Barry Gilbertson, PwC’s specialist [...]
Asia MarketView Q4 2009 Asian commercial real estate markets witnessed a steady recovery of demand in the fourth quarter along with further improvement in the regional macro economic environment. This helped rentals stabilise and several markets recorded two consecutive quarters of rental increments, signaling the end of the downward cycle. However, most corporates remained cost-conscious [...]
REITS 2H 2009 Asian REITs continued to recover in the second half of 2009 as the stock markets in Asia improved overall and conditions in the credit market became more relaxed. The total market capitalisation of Asian REITs rose 17.6% in the second half and 34.5% for the whole of 2009 thanks to the recovery [...]
