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CB Richard Ellis Takes the Lead to Encourage Green Buildings

By Bangkok Condo Editor on Sep 27, 2010 in Property Management

Published on The Nation dated 6 September 2010 by Somluck Srimalee CB Richard Ellis Ltd is offering a “Zero Financial Energy Efficiency Programme” for existing buildings to be renovated into green buildings. Richie Lee, executive director of energy and sustainability for Asia, said in an interview last week that the concept of green buildings would [...]

Real Estate Investment in Asia Surged in Q1

By Bangkok Condo Editor on May 18, 2010 in Research

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 [...]

Property Stimulus Measures Extended

By Bangkok Condo Editor on Mar 30, 2010 in Property News

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 [...]

The Number of Building Transactions Increased in Q4 2009

By Bangkok Condo Editor on Mar 23, 2010 in Investment-Land, Research

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 Market Improved Slightly in Q4 2009

By Bangkok Condo Editor on Mar 23, 2010 in Hotel-Tourism, Research

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 Property Market Improved in Q4 2009

By Bangkok Condo Editor on Mar 23, 2010 in Research

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 [...]

Asian ‘tiger primed and ready to pounce’

By Bangkok Condo Editor on Mar 19, 2010 in Property News

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 [...]

Striking a Balance Between Real and Speculative Demand

By Bangkok Condo Editor on Mar 15, 2010 in Property News

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 Appointed to Sell Crystal Place Football Ground

By Bangkok Condo Editor on Mar 14, 2010 in Property News

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 [...]

The Asian Economy Returns to Growth

By Bangkok Condo Editor on Mar 03, 2010 in Research

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 [...]

Second Half of 2009 Sees Increase in Refinancing and Consolidation Activity

By Bangkok Condo Editor on Mar 03, 2010 in Research

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 [...]

Asian Real Estate Investment Markets Rebounded in 2H 2009

By Bangkok Condo Editor on Feb 25, 2010 in Investment-Land, Research

Asia Investment MarketView 2H 2009 Asian real estate investment markets recovered strongly in the second half of 2009 after enduring a difficult start to the year. Investment turnover bottomed out in the first quarter but improved thereafter as investor confidence returned, underpinned by low financing costs, the recapitalisation of private and public real estate funds/investors [...]

CBRE Appointed Exclusive Advisor and Sole Agent for Developing New Cambodia Resort Destination

By Bangkok Condo Editor on Feb 15, 2010 in Property News

Koh Rong to be “Asia’s first environmentally planned resort island” (Bangkok – February 12, 2010) – CB Richard Ellis, the world’s largest commercial real estate services firm, has been appointed by The Royal Group of Cambodia as exclusive advisor and sole agent to introduce investors in developing the island of Koh Rong, Cambodia for international tourism [...]

The Thai Property Market Trends in 2010

By Bangkok Condo Editor on Jan 21, 2010 in Office, Research, Residential, Retail

Bangkok – 20 January 2010 – 2009 was a challenging year for the Thai property market, but CB Richard Ellis (CBRE) sees positive signs for 2010. Whilst 2009 has been a tough year, it was not as bad as many expected. 2010 has begun with a more positive market sentiment. The improving economic outlook globally [...]

Burj Dubai now BURJ KHALIFA

By Bangkok Condo Editor on Jan 10, 2010 in Property News, Video

Dubai, UAE; January 4, 2010: The world’s tallest tower, developed by Emaar Properties, was unveiled tonight to a crowd of thousands and the world in a crescendo of fireworks, lasers and fountain displays. The official height of the tower, unveiled as ‘Burj Khalifa’, was announced as 828 metres (2,716.5 ft). A closely guarded secret, the [...]