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 [...]
In an economy and a market where bank interest rates are low, and resort developments is slowing down, there are opportunities for branded residential property owners to rent out their properties as holiday homes to earn additional income. Visit CBRE Samui for more details on Conrad Koh Samui Residences
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 [...]
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 [...]
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 [...]
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 [...]
CB Richard Ellis sees residential market sentiment as positive throughout the majority of 2009 with prices and opinion improving quarter on quarter. A recent press release from another agent highlighted the drop in the house price index, placing Thailand’s residential market 38th out of a sample of 42, above Dubai and three Eastern European countries. [...]
Bangkok Residential Sales MarketView Q3 09 For the second consecutive quarter the majority of sales have come from Thai nationals, who are not just looking to be end users but also to be buy to rent investors. Thai purchasers believe that prices have reached the bottom and are going to rise and see property as [...]
Bangkok Residential Leasing MarketView Q3 09 Five apartment buildings were completed, with a total of 62 units. The total supply of apartments units was 11,151 increasing by 0.56% Q-o-Q and 4.5% Y-O-Y. The total number of condominium units in downtown Bangkok grew by 1.7% Q-o-Q and 14.1% Y-O-Y to a total of 61,522 units. Grade [...]
Bangkok Overall MarketView Q3 09 The third quarter of 2009 saw improvements in many sectors of the property industry when compared to the first half of 2009. Every sector continues to encounter challenges. The hotel and industrial sectors continue to feel the full force of the global economic situation. The luxury condominium market saw a [...]
There were two notable building transactions in the third quarter of 2009. Bangkok Broadcasting & Television Co. Ltd acquired 28 units at the Star Estate @ Rama III condominium project from Eastern Star Real Estate Public Co. Ltd for THB 124,594,047. In addition Bliss-Tel Public Co. Ltd paid THB 154,500,000 to AngKet Holding Co. Ltd [...]
