Showing 1 - 10 of 26
Office tenants fight for rent reductions amid supply glut
Business, Kanana Katharangsiporn, Published on 25/08/2025
» A slowing economy and growing office supply has prompted tenants to seek rent reductions to keep their businesses afloat, with discounts of up to 25% reported in the past quarter, according to property consultancy Knight Frank Thailand.
Major focuses on existing projects
Business, Kanana Katharangsiporn, Published on 25/01/2025
» SET-listed Major Development (MJD) plans to carefully assess market conditions and homebuyer sentiment before launching any new projects this year, focusing on existing developments, particularly those near schools with strong demand.
Rivalry builds in Bangkok office market
Business, Kanana Katharangsiporn, Published on 03/12/2024
» Bangkok's office market must balance a growing supply pipeline of 1.1 million square metres of lettable space with shifting tenant demands, intensifying competition among landlords in an increasingly dynamic environment.
Office space slips as tenants upgrade
Business, Kanana Katharangsiporn, Published on 18/09/2024
» The occupancy rate of Grade B office space in Bangkok continues to decline, reaching a market low of 75% as tenants relocate to higher quality Grade A spaces equipped with better facilities in similar locations.
Pepsi boasts of rising farm productivity
Business, Kanana Katharangsiporn, Published on 13/06/2024
» Pepsi-Cola (Thai) Trading Co (PepsiCo), the producer and distributor of Lay's potato chips, continues to improve agricultural productivity for its 5,800 contract farmers, aiming to increase revenue by 15% for 35% of those farmers by 2030.
Office demand turns negative in 1st quarter
Business, Kanana Katharangsiporn, Published on 25/04/2024
» The office market recorded negative absorption in the first quarter of 2024, ending a consecutive seven-quarter rise from mid-2022, as demand shifted from non-green to green spaces and downsized offices, according to property consultant Knight Frank Thailand.
Gaysorn Amarin to create income boost
Business, Kanana Katharangsiporn, Published on 12/03/2024
» Luxury developer Gaysorn Property expects the opening of Gaysorn Amarin, formerly known as Amarin Plaza, with an investment of 1 billion baht will help boost revenue by 50% to 1.3 billion baht this year.
Surge in new office supply to prompt rejig
Business, Kanana Katharangsiporn, Published on 15/02/2024
» As around 1.4 million square metres of new office space is slated for completion between 2024 and 2026, landlords of existing office space should renovate or add new amenities to retain their existing tenants as new office towers will seek to attract both new clients and tenants of existing properties looking to relocate.
DAD eyes state construction projects
Business, Kanana Katharangsiporn, Published on 23/01/2024
» Dhanarak Asset Development (DAD) Co, a state enterprise under the Ministry of Finance, is diversifying to become a one-stop service provider for the construction of property for state agencies, with the aim of having at least two projects per year during the period 2024-27.
Office occupancy rate dips
Kanana Katharangsiporn, Published on 29/11/2023
» The occupancy rate for Bangkok office space is expected to keep dropping over the next few years because of the enormous supply of more than 1.6 million square metres in the pipeline.