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Search Result for “vacancy rate”

Showing 1 - 10 of 115

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PROPERTY

Bangkok office market to take years to recover, experts warn

Business, Kanana Katharangsiporn, Published on 25/02/2025

» The oversupplied Bangkok office market will take at least five years to return to a balanced state, with several projects postponed without a definite timeline, according to property consultancy Cushman & Wakefield.

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PROPERTY

Industrial estate sales boom to persist

Kanana Katharangsiporn, Published on 13/01/2025

» Land sales in industrial estates are expected to remain robust in 2025, building on strong demand from last year, driven by changes in US import and foreign policies, according to property firm Cushman & Wakefield Thailand.

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GENERAL

Snags hamper bid to select Bank of Thailand chair

Business, Published on 05/11/2024

» The selection committee tasked with selecting a new board chairman of the Bank of Thailand has postponed its planned meeting until next Monday, while Kittiratt Na-Ranong, a former commerce minister, is likely to be removed as a candidate following strong opposition from various sectors.

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THAILAND

New board chair pick expected Monday

News, Post Reporters, Published on 31/10/2024

» A new Bank of Thailand (BoT) board chairman is expected to be named on Monday after a three-month selection process, according to a Finance Ministry source.

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PROPERTY

Bangkok office vacancy rates rise

Business, Kanana Katharangsiporn, Published on 25/10/2024

» The vacancy rates for Bangkok office space has continued to rise, particularly in the central business district (CBD), driven by a significant increase in new premium-grade supply, according to property consultant CBRE Thailand.

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BUSINESS

Office leasing activity skyrockets in Q3

Business, Kanana Katharangsiporn, Published on 28/12/2022

» Tech, legal, accountancy and financial businesses increased Bangkok office occupancy in the third quarter of 2022, with transactions doubling from the second quarter, according to property consultant Knight Frank Thailand.

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BUSINESS

Domestic travel rises above early forecasts

News, Mongkol Bangprapa, Published on 26/11/2022

» Travellers made 200 million domestic trips in the first 10 months of this year, less than the 222 million in 2019 but up on the 160 million trips projected by the Tourism Authority of Thailand (TAT), according to a government spokesman.

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PROPERTY

Prime-grade office vacancy rate set to surge next year

Business, Kanana Katharangsiporn, Published on 12/10/2022

» The vacancy rate of prime-grade offices in central Bangkok is expected to almost double to 30% next year, the highest since 1997, largely because of the influx of future supply, creating pressure on existing grade C office space.

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PROPERTY

Ageing office buildings under pressure

Business, Published on 09/08/2022

» Amid growing competition in the Bangkok office market, fuelled by a large amount of new supply in the pipeline, ageing office buildings are losing their ability to retain and attract occupiers.

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BUSINESS

Active Industrial & Logistics Market, Rental Rates Increased

Published on 08/06/2022

» •Investor sentiment around the Thai industrial market is rebounding after the COVID-19 pandemic