Ride the rails to office heaven
Prime quality alone does not guarantee leasing success but other factors can make a project stand out
- 5 Mar 2017 at 04:00
- WRITER: YUPA SATHIENPABAYUT
Out of the 850,000 square metres of new office supply planned for Bangkok over the next five years, more than 80% is in prime development projects. Better quality equals higher rents is the primary reason driving the growth of new office supply. While prime quality counts for a lot, evidence shows there are a number of other factors that enable certain prime office buildings to achieve higher rents than many others.
STANDING TALL: Park Ventures Ecoplex has a very high occupancy rate. Photos: Suppl ied
JLL defines prime office buildings as buildings that meet various rigorous criteria for excellent location, design, fittings, facilities, management and amenities.
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