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Property News - Retail Sector

The Thailand retail sector expects to achieve 9-per-cent growth in 2013 – despite the current political tension – with heavy sales and promotional campaigns planned for the remaining period of this year, which is typically the high season for retail sales.  The Thai Retailers Association had earlier projected 12-per-cent growth for this year, but has revised the figure down to ... Read More >
CPN reported a 3Q13 net profit of Bt1.46bn, down 49% YoY but up 14% QoQ. Stripping out an extra gain of Bt1.6bn from spinning off Central World Office to CPNCG last year, core profit rose 18% YoY, in line with our estimate. Rental and service income increased 14% YoY to Bt4.9bn, led by 8percent same-store rental growth and the openings ... Read More >
Pace Development Corporation Plc, is a high-end property developer in Thailand and has been setting many of the trends and standards for the segment. Chief executive Sorapoj Techakraisri discussed the company’s strategy and outlook. What is Pace’s business model? Pace has been operating in the Thai real estate industry for almost a decade, developing high-end properties that consumers would want ... Read More >
MEGA HOME, a store offering home and construction materials, made its grand debut yesterday in Rangsit opposite the Bangkok University campus.  It boasts more than 100,000 stock-keeping units to serve contractors and subcontractors. Supornsri Naktanasukanjn, chief operating officer of Mega Home Centre Co, said yesterday that Mega Home occupied 34 rai (5.4 hectares) of land and had an estimated value ... Read More >
CP LAND, a property arm of Charoen Pokphand Group, plans to invest more than Bt20 billion until 2017 to develop both residential and commercial properties in Thailand and Asean. “We plan aggressive investment this year and the next three years after the rise in demand for property, including office, retail, hotel and residential, when the ASEAN Economic Community becomes effective ... Read More >
หลังดีเดย์ 26 มีนาคม 2557 อวดโฉมโปรเจ็กต์นำร่องศูนย์การค้า "S1" เผยเก็บ "สกาลา" คงสถาปัตยกรรมโรงหนัง-โรงละครไว้ เตรียมปรับทั้งย่านเพิ่มพื้นที่สีเขียวพื้นที่สาธารณะ-ทางเดินเท้า พร้อมคง แคแร็กเตอร์ "สยามสแควร์" เหนือคู่แข่ง ย้ำทุกการเปลี่ยนแปลงยึด "ดีเอ็นเอ" สยามสแควร์ไว้ ทั้งนี้ หลังการเปิดตัวอย่างเต็มรูปแบบของศูนย์การค้าสยามสแควร์ วัน ไปแล้วนั้น ทรัพย์สินจุฬาฯเตรียมที่จะพัฒนาพื้นที่ในส่วนของโรงหนังลิโด เพื่อให้เป็นเฟส 2 ส่วนต่อขยายของศูนย์การค้าสยามสแควร์ วัน อย่างไรก็ตาม ขั้นตอนการทำงานต้องรอให้ผ่านการพิจารณาของบอร์ดสภา เพื่อสรุปรูปแบบและทิศทางการลงทุนหลังจากนี้ ... Read More >
Published on The Nation dated 19 July  2013 by Aliwassa Pathnadabutr, Managing Director of CBRE Thailand In addition to the residential sector, retail space is one of the most dynamic sectors in Bangkok and continues to experience steady growth backed by a strong domestic demand as well as tourism. Bangkok has total retail space of 6 million square metres. This ... Read More >
Published on Bangkok Post by Surachet Kongcheep, dated 9 December 2012 The retail market in suburban Bangkok has grown in line with the outward expansion of residential development and major roads. Retail developments located along key roads _ Rama II, Srinakarin, Bang Na, Ratchaphruek, Phahon Yothin and the Rangsit-Nakhon Nayok Road in Pathum Thani _ have the potential to thrive. ... Read More >
Source: Published on Bangkok Post, dated March 14, 2012 Chulalongkorn University will spend 1.8 billion baht to develop a new shopping mall on the plot that now houses Lido Theatre in Siam Square in 2014 after spending the same amount to construct Siam Square One nearby. The perspective of Siam Square One, which is being built on the plot which ... Read More >
Terminal 21, located on the corner of the Asoke and Sukhumvit intersection was officially opened yesterday (October 11, 2011). The 40,000 sq.m. themed shopping mall sees you arrival at the Terminal and you are transported to different cities from around the world on every floor for example Rome on the ground floor and Tokyo, San Francisco and London on the ... Read More >
Published on The Nation dated 18 April 2011 by Aliwassa Pathnadabutr, Managing Director of CB Richard Ellis Thailand K Village and Crystal Park two retail malls in Bangkok that are very different. Large open areas, low – slung buildings and lots of parking area make malls like this popular very quickly. Developers of these malls are newcomers in the retail ... Read More >
Visit CBRE Research for information on Bangkok Retail Market Update  ... Read More >
CB Richard Ellis  Hong Kong recently sold Number 514 Lockhart  Road in Hong Kong for 28 million Hong Dollars for a 921 square  foot site. As you can see from the picture it’s not a prime property and anyone familiar with Hong Kong would know that Lockhart Road is a secondary retail location. In Thai terms it equates to 120 million ... Read More >
Bangkok – 20 January 2010 – 2009 was a challenging year for the Thai property market, but CB Richard Ellis (CBRE) sees positive signs for 2010.  Whilst 2009 has been a tough year, it was not as bad as many expected. 2010 has begun with a more positive market sentiment. The improving economic outlook globally and perception of Thailand’s political ... Read More >
Bangkok Retail MarketView Q3 09 Although there is still downward pressure on rents, retail rents slightly increased in line with the economic recovery. The Consumer Confidence Index (CCI) and retail sales both saw an increase in Q3. Overall, there are signs of improvement in the retail sector, however continued improvement will depend on the speed of global and local economic ... Read More >

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