Property News · June 18, 2018

CBRE Thailand bullish on the kingdom’s office market


Thailand’s property market will keep growing as land and residential prices soar, just as office rents have risen consistently over the past three decades despite two major economic crises in 1997 and 2008, according to property consultancy CBRE Thailand.
“Each cycle took 10 years, but the second one in 2008 was not caused by Thailand,” said Aliwassa Pathnadabutr, managing director of CBRE Thailand. “The property market today is in the third cycle and still on the rise….

Source : South China Morning Post
Read more…CBRE Thailand bullish on the kingdom’s office market