Office: Total Bangkok office stock expanded to 9.38 million sq m in Q1 2022, growing by 0.28% q-o-q. The citywide overall vacancy rate moved up to 10.17% from 9.16% in Q4 2021.
Industrial: Thailand’s logistics market continued to grow at a steady pace in 1Q 2022. Leasing activity in Ready Built Factories (RBFs), and Ready Built Warehouses (RBWs) remained active, driven by the growing demand for logistics property in the e-commerce sector.
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