As the office market faces its worst net take-up rate, Bangkok landlords should modernise their properties and offer more flexible contracts to attract tenants before a huge amount of new supply floods in, according to property consultancy CBRE Thailand.
Roongrat Veeraparkkaroon, CBRE managing director, said the office market had been heavily affected by the pandemic. It saw a negative annual net take-up last year for the first time since the 1997 financial crisis.
