With a more positive political outlook, the Bangkok office market is beginning to see a move forward and growth in demand and rent, following a period where the market has been held back due to the combination of the global crisis and Thailand’s political uncertainty, according to a leading property consultant CB Richard Ellis (CBRE). [...]
Special for the Nation, Published on August 15, 2011 by Aliwassa Pathnadabutr, Managing director of CB Richard Ellis (Thailand) Co., Ltd., The trend for eco-friendly office buildings has been around in Thailand over the past few years. When the trend first emerged in 2009, it remained unforeseen whether the trend was here to stay or [...]
Hong Kong has the highest office rents in Asia, according to the latest CB Richard Ellis (CBRE) Asia Pacific Office Marketview. Central Business District (CBD) office rents in Hong Kong are about THB 5,000 per square metre per month, compared to THB 680 per square metre per month in Bangkok. Tokyo is in second position [...]
Bangkok Office MarketView Q3 2010 The total office supply in Bangkok stood at 7,978,543 sqm. at the end of Q3 2010, up 1.5% Y-o-Y. No new supply was completed in this quarter. The overall take-up in the Bangkok office market was 6,866,172 sqm., up 0.1% Q-o-Q and 1.4% Y-o-Y. The total occupancy rate also improved [...]
Office buildings in Bangkok had been very open for public access but growing demand globally from multinational companies for greater security has now increased the need for access control to be built into the design and specification of office buildings, according to leading international property consultant, CB Richard Ellis. CB Richard Ellis has seen a [...]
Bangkok Office MarketView Q2 2010 As of Q2 2010, the total office supply in Bangkok was 7,978,543 sqm, up 1.5% Y-o-Y. No new supply was completed in this quarter. Overall take-up in the Bangkok office market was 6,859,726 sqm, up 0.4% Q-o-Q and 1.4% Y-o-Y. The total occupancy rate also improved slightly from 85.6% to [...]
Greater China leads regional growth in demand for premium office Asia’s leading commercial centres recorded impressive growth in office demand in the second quarter of 2010 as the steady regional economic recovery encouraged multinational companies to reactivate expansion plans suspended earlier after the onset of the global financial crisis, according to a leading international property [...]
Published on Bangkok Post dated 18 July By Nina Suebsukcharoen During what some fear may only be a lull in sporadic civil unrest, a Bangkok commercial property services adviser gives tips that could ward off potential calamity. Strong fears of more violence breaking out on Bangkok streets have led to many foreign companies identifying buildings [...]
Bangkok Office MarketView Q1 2010 The total office supply in Bangkok was 7,978,543 sqm., down 0.1% Q-o-Q and up 1.5% Y-o-Y (it should be noted that there was a reclassification of buildings and readjustment of total net lettable office areas to reflect current usage). No new supply was completed in this quarter. As of Q1 [...]
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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 [...]
Overall take-up in the Bangkok office market was 6,773,065 sqm, up 0.1% Q-o-Q and 0.8% Y-o-Y. The total occupancy rate also improved slightly from 86.0% to 86.1% in this quarter. The vacancy rate was 13.9%, indicating a fall from the 14.0% recorded in Q2 2009. Bangkok office market rents have moved downwards. As of [...]
Bangkok – 2 December 2009 – London’s West End is again the world’s most expensive office market, according to CB Richard Ellis (CBRE) Global Research and Consulting’s semi-annual Global Office Rents survey. Tokyo’s Inner Central has slipped to second place, followed by that city’s Outer Central market. Hong Kong’s Central Business District (CBD) and Moscow [...]
Momentum is growing around the world for certification of the environmental efficiency of buildings. Although Thailand has not yet adopted its’ own certification standards this has not prevented developers from adopting international standards in the absence of a local standard. This move is in a response to demand particularly in the office market. We believe [...]
The first question that office tenants ask when considering new office premises is how far away is the nearest mass transit station Inner city shopping centres need direct access to mass transit stations. The mass transit systems have acted as a catalyst for new property developments around their stations Sadly since the 2004 opening of [...]
