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CB Richard Ellis Thailand Appoints a Senior Economist

By on Jun 21, 2010 in Property News

Bangkok – 21 June 2010 – CB Richard Ellis (CBRE), the world’s largest commercial real estate services company, announced the transfer of CBRE UK’s Senior Economist, Ms. Eilidh Callum, to the CBRE Research and CBRE Consulting business based in Bangkok.

In this role, Ms. Callum will drive forward the in-house research and consultancy capability for Thailand, specifically focusing on growing the consulting business whilst maintaining current client services and developing new business opportunities.

 
The CBRE Research and CBRE Consulting offering includes market intelligence and analysis, advice for new developments and opportunities, project feasibility studies and general market insight into all sectors of the Bangkok market and the major resort property markets of Phuket , Hua Hin and Koh Samui.

With more than five years experience in research and consultancy, Eilidh has spent the last three years providing regeneration and economic consultancy with CBRE UK and has amassed extensive experience in market studies, feasibility studies, best-use analysis and development consultancy, in the form of reports, presentations and economic and financial analysis.

Mr. James Pitchon, Executive Director at CBRE Thailand, said: “The challenge for developers and investors in Thailand is that there is very little publicly available accurate information about the property market.  The key to providing accurate and up-to-date information is to have access to real-time market transaction data.  CBRE is the most active agency company in Thailand; therefore, we possess a large volume of data that is not available to other companies.  In 2009, CBRE leased 97,128 square metres of offices, sold 568 condominium units in Bangkok, and leased 262 residential units to expatriates.  This gives our research and consultancy team the best market information which means that our clients will be able to benefit from the most accurate information on the market.”

Ms. Callum added that “CBRE’s existing research and consulting business already delivers market-leading services to our biggest clients.  Not only will I bring international experience and lessons of best practice to CBRE Research and CBRE Consulting in Thailand, but I will be able to add the latest research and analysis techniques using CBRE’s unrivalled global standards which will help our clients develop better and more profitable projects.”

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