Top Thailand Property News Of The Week - 27 Dec 2021

The top residential and commercial real estate news of the week - 27 December 2021

CBRE’s weekly property news snapshot features the latest residential and commercial real estate stories in Thailand and elsewhere that you cannot afford to miss - be it regarding residential, industrial, retail, office, hotel, land, or investment property.

Another year of unprecedented events in real estate  
CBRE Thailand
CBRE, a leading international property consultant, witnessed the real estate market in 2021 has seen a series of interesting and unprecedented events in many sectors as another difficult year comes to an end.

Hoping for green development
Bangkok Post
The coming year looks to be an eventful one with activities that could have a big impact on Thailand, ranging from the country's hosting of the Asia-Pacific Economic Cooperation (Apec) summit to the trial of the retail Central Bank Digital Currency (retail CBDC).

Making a name for themselves
Bangkok Post
This year was filled with efforts by heavyweights from the world of business and young talents aimed at ushering Thailand through the Covid-19 crisis and shaping its future along a path towards a digital and more liveable society. In addition to economic boosters and digitalisation, LGBTQ+ also made the headlines in a business context.

Blue Line helps Thon Buri become No.1 condo location 
Bangkok Post
Thon Buri-Wong Wian Yai-Bang Wa was ranked as the most desirable condo area after an extension of the Blue Line began running to the location, according to a study by property research and consulting company Terra Media and Consulting.

FTI warns of 'big wave' risks 
Bangkok Post
The Omicron Covid-19 variant will form part of a "big wave" posing a great challenge to industrial operators who need nothing but urgent adjustment to the rapid changes of the world, says the Federation of Thai Industries (FTI).

Walmart's China dilemma is every western company's, too
The Wall Street Journal
Walmart is struggling with a public outcry in China after the country’s netizens accused the company of failing to stock products from China’s Xinjiang region, where the government has imprisoned large numbers of the Turkic Uyghur minority.

Central buys Selfridges in global push 
Bangkok Post
Central Group, a Thai retail conglomerate with 75 years of history, has acquired British luxury store chain Selfridges as it aims to become a major global player in the department store sector.

Hotel market remains tepid thanks to Omicron  
Bangkok Post
Growing uncertainties triggered by tighter curbs against the Covid-19 Omicron variant are dashing hoteliers' hopes of cashing in during the peak tourist season.