Thailand
Bangkok’s international retail leasing activity hits record highs
There were 120 retail leasing transactions from international tenants in Q1.
Bangkok’s international retail leasing activity hits record highs
There were 120 retail leasing transactions from international tenants in Q1.
Thailand industrial vacancy rate rises to 11.5% in Q1
Vacancies slightly increased by 10 bps QoQ.
Bangkok residential supply to hit 75,900 units by year-end
There are 2,800 new units to be completed this year.
Five new hotels open in Bangkok in Q1
The hotels added over 1,100 rooms to the city’s supply.
Bangkok to see over 420,000sqm of new office supply this year
The vacancy rate could hit 24% by year-end.
Bangkok to see over 1.3m sqm new office supply until 2026
A total of 616,700 sqm of new supply expected in 2024 alone.
Why office demand in Bangkok CBD fell to -26,300sqm in Q1
In contrast, net absorption in non-CBD areas hit 20,800sqm.
Grade A offices outperform other segments in Bangkok
The prime office segment recorded the highest occupancy rate of 80% in Q1.
Bangkok office demand declines after seven consecutive quarters of increase
Net absorption was at -5,500sqm in Q1.
Find out how Thailand warehouse rents fare against APAC neighbours
Rents in Thailand were stable over the past year.
Thailand logistics records negative net absorption for the first time in five years
Net absorption was at -31,800sqm in H2 2023.
Thailand ready-built warehouses increase by 6.3% in H2 2023
Total supply hit 5.7m sqm.
Bangkok to see influx of mega retail projects this year
Overall vacancy rates are expected to increase as supply rises.
Thailand industrial vacancy rises to 11.4% in Q4
This is caused by new supply completed during the quarter.
Bangkok sees 16 new luxury hotels in 2023
Over 3,300 keys were added to the city’s supply.
Bangkok to see over 2,700 new luxury condo units this year
This will bring the total stock to 75,800 units.
Bangkok to see over 450,000sqm new office supply this year
The supply influx is expected to cause vacancy rate to hit 24% by year-end.
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Empire East Land Holdings lands two wins at Real Estate Asia Awards 2024
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The company believes innovation and data-driven strategies are paramount to a sustainable future.
The company believes innovation and data-driven strategies are paramount to a sustainable future.
