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THB - Thai Baht
USD - U.S. Dollar
GBP - British Pound
EUR - Euro
JPY - Japanese Yen
AUD - Australian Dollar
HKD - Hong Kong Dollar
CNY - Chinese Yuan
SGD - Singapore Dollar
TWD - Taiwan Dollar
RUB - Russian Ruble
MYR - Malaysian Ringgit
INR - Indian Rupee
Note: The exchange rate shown here is for reference only.
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Key Information
Client
Major Foreign Embassy
Location
Bangkok, Thailand
Topline
Sourced accommodations for relocated officers of Embassy with specific requirement

Challenge

A major foreign embassy in Bangkok sourcing accommodations for their officer/s who have been relocated to work in Bangkok. Property must comply with special requirements for safety.

CBRE Residential Leasing team was asked to identify suitable properties (both apartments and condominiums). The said properties needed to fit into a budget, must be in a secure area and close to the embassy, and be of appropriate quality, reflecting the status of the diplomat.

Solution

The property leasing team pre-qualified a selection of apartment and condominium properties in Bangkok that match the size, budget, and safety requirements and inspected each building in cooperation with the embassy’s safety and security officer.

Viewings were arranged for properties that matched their approved size and budget. Following the acceptance of the embassy’s housing officer, the lease terms of the selected properties were re-negotiated, thus achieving the best rates and securing specific embassy terms (including a break clause).

Result

The CBRE Residential Leasing team relocated all the officers and their families within the given time period, within the budget, and with a high level of satisfaction expressed by the diplomats and their families.

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