Top Commercial Real Estate Companies in Thailand

The commercial real estate (CRE) industry in Thailand is a vital sector that contributes significantly to the country's economy. It provides office, retail, and industrial spaces for businesses and plays a significant role in attracting foreign investment. In recent years, the commercial real estate industry in Thailand has been growing steadily, driven by government initiatives and increasing demand for commercial space. In this article, we will examine the key statistics, factors contributing to growth and success, industry trends, challenges, and future outlook of the commercial real estate industry in Thailand.

read full article below
Filter bySearch by company name, registration number or domain name
CompanyHeadcountContactDescriptionDecision Maker
WORKPLACE STRATEGY AND PROJECT SERVICES | KNIGHT FRANK THAILAND8 +66 2 643 8223
(blank)

Thailand property agents and consultants, Knight Frank Thailand is one of the countrys leading property services in Bangkok and Phuket where our offices located. With established specialist departments advising and consulting on all aspects of property; Residential, Commercial, Investment and Land Sales, Valuation and Advisory, Property Management, Research and Consulting & Feasibility Study, Capital Markets and London Property Investments services. We provide our clients with global coverage via 512 offices in 60 countries and more than 19,030 staff throughout Europe, Asia Pacific, Africa, the Middle East and the Americas. Knight Frank Thailand provides market-leading advice and transaction support to investors, corporate and homeowners for their personal and business property needs. Whether you are interesting in buying, investing, selling or renting the property.

MAIKHAO DREAM CO. LTD32 +66 76 371 371
(blank)

Established in 2008, Maikhao Dream Co, Ltd is privately owned company specializing in development, construction and operation of luxury real estate projects with main business located on Phuket Island, Thailand. Established by a team of young professionals in 10 years the company have successfully completed 4 projects, consisting of 2 five star luxury beachfront resorts, a midscale hotel and 6 luxury villas. As of 2020 the Company continues to be active in development business. The Company is now pursuing development opportunities outside of its home market. Being an owner ourselves, with strong history of budget adherence and meeting deadlines, team loyalty and dedication to apply innovation and most recent technology bring company ahead of most competitors and sets strong foundation for dynamic international growth within industry.

STRATA BANGKOK CO., LTD(blank) (blank)
(blank)

Strata Bangkok Co. ltd is your dedicated agency to find the perfect work space in the land of Smile. Our agency is specialized in office space for sell in Bangkok. Strata Bangkok Co., ltd makes this search easy to help you successfully secure your office property in the land of smiles. Due to the specificity of the market, we have developed a method using multiple tools to search office space that is available for selling. In addition, we offer our clients a wealth of knowledge regarding all aspects of purchasing or selling an offices and commercial property in Thailand.

AKE & BING CONSULTANCY LIMITED2 +66 89 866 4409
bing@akeandbing.com

We are a multilingual law office and business consultancy serving international clientele mainly with respect to foreign investment in Thailand with a focus on residential and commercial real estate transactions, company formation, visa, work permit, last will and testament, translation, business consultation and other general practise areas.

MAIKHAO GROUP49 (blank)
(blank)

Founded in 2008, MaiKhao Group is a privately owned company specialising in development, construction and operation of real estate projects located on the island of Phuket, Thailand. Established by a team of young professionals, the company have successfully completed 5 projects, consisting of a five star luxury beachfront villa resort, an upscale beachfront resort, luxury beachfront bungalow resort, a mid-scale hotel and a residential compound of 6 luxury villas. As of today, the Company continues to be active in real estate project development business and is now pursuing development opportunities outside of its home market. Being an owner, developer and an operator ourselves, we understand the importance of setting the right priorities for different stakeholders in the development process. Our strong history of budget adherence and meeting deadlines, team loyalty and dedication to apply innovation and most recent technology bringing the company ahead of most competitors and sets…

PATHOMSAK HOLDINGS COMPANY LTD.(blank) (blank)
(blank)

Pathomsak Holdings Company Limited (PHC) is a private family office and holding company for personal assets, properties, and investments of the Pathomsak Family. PHC began operations in 1956 as a Direct Lending and Foreign Exchange broker, and was later incorporated in 1994 with the primary objective of consolidating various investments, joint ventures, business interests of the family into a company to be closely held and managed by the family members and professional managers. Additionally, PHC also acts as the direct investment vehicle for the familys new business and investment opportunities. PHCs strengths lie in its financial position, which enables the company to carefully evaluate investment projects, offer synergies and create value to its current portfolio of investments. The groups core competencies are the familys business network and its strong credibility and integrity in the regional business community. Presently, the companys core investments are in four strateg…

COMPASS GROUP INTERNATIONAL INTERNATIONAL REAL ESTATE ACQUISITIONS & ASSET MANAGEMENT!2 +64 4 385 8868
(blank)

CEO | Roadhouse International & Compass Group International (est. 2002) International Commercial Real Estate Listing 5-Star Resorts & Boutique Hotels - Commercial Buildings - Luxury Homes (USA - Latin America - Asia) EMPOWER THAILAND: Global Business Consulting‎ & Corporate Training Solutions! 8yrs TV Producer/Host HGTVs House Hunters International. Trained thousands of professional salespeople & executive management over the course of 25yrs. From the largest financial institutions, real estate brokerages, and top sales organizations throughout the world. Co-authored two Wells Fargo Sales Manuals - still used today! Professional Sales Skills, Public Speaking (presentation skills), Organizational Management & Executive Leadership Skills. North America, Latin America, Asia & Europe. TV Producer/Host HGTVs House Hunters International (8yrs) Facebook Page: @WillRoadhouse Anchor Podcast Channel: https://anchor.fm/willroadhouse YouTube: www.youtube.com/willroadhouse Instagram: @WillRoadho…

ALRUWAD ALMUTAHIDAH(blank) (blank)
sales@ruwad.com.sa

شركة متخصصة في الخدمات المهنية وإدارة الأملاك، تأستت منذ 20 عامًا، بطاقم عمل سعودي 100%. تقدم الشركة أفضل الحلول والدراسات والاستشارات للتطوير ورفع إيرادات العقار. تعمل الشركة في هذا المجال على إدارة العقارات السكنية أو التجارية، بتصنيف هيئة العقار رقم11 . A company specializing in professional services and property management, Established since 20 years ago. Saudi team work 100%. The company offers the best solution, studies and consultations to develop and raise real estate revenues. The company works in this field to manage residential or commercial real estate, classified the Real Estate Authority number 11.

ASIA BUSINESS BROKERS PAGE3 +66 2 001 9847
info@asianbusinessbrokers.com

‘Asian Business Brokers (ABB) is a network of brokers who specialize in the sale of businesses, business investments and land for commercial use in Asia. Our primary role is to unite business owners wishing to sell their businesses with people or entities who want to buy businesses or business investments. And, when the right terms are agreed, we facilitate the business transfer. This is done within a quality management framework ensuring consistency, accuracy and efficiency with continuous improvement. Asian Business Brokers was established in 2014, although the principals and partners of ABB have been involved in business broking and real estate for many years. The first country to join the network was Thailand, which commenced in February 2015 and is very well-known in the Thai market and is active throughout Bangkok and in regional cities from Chiang Mai in the North to Phuket in the South. There are many reasons why people choose the Asian Business Brokers network to sell a…

REITECH19 (blank)
(blank)

REITech is the property investment platform allowing accredited retail and institutional investors to fund debt and equity investment opportunities for real estate projects globally. Through our network of offline and online investors, small to medium size developers will be able to raise debt financing in a faster and more flexible way compared to banks. Partnerships with leading international developers and investment funds will allow investors to become equity partners in prime real estate projects of different nature through our disruptive FinTech platform. High level of transparency and unique accessibility on each project will be provided by decreasing the minimum investment threshold and by offering a constant flow of information to our investors.

PHUKET TIGER REAL ESTATE1 +66 76 604 064
info@phuketrealestatetiger.com

Phuket Tiger Property Company Limited is an independent real estate company which specializes in Phuket, Thailand. The office was first set up in 2013 by Ms. Parita Charoenporn, the Managing Director and her husband Mr. Miroslav Stankovic. The decision to create our first Asian base in Phuket was based upon our anticipation of the emergence of a new real estate boom location. We remain consistently focused on developing and expanding its service lines in order to optimally meet the challenging needs of our clients. Phuket has become one of the biggest markets in South East Asia, with committed investment flooding in from countries all over the world. With a multitude of investment purposes from long term capital appreciation, consistent revenue returns, to affordable, luxury vacation property. Thailand has grown into a global enterprise with an entrepreneurial history and an unprecedented foresight into emerging real estate hubs at the crucial initial stages. Current market trends a…

BRICKPATHS2 (blank)
(blank)

Brickpaths is focused and passionate about building and revolutionizing to become the leading real estate data analytics platform to make smart decisions through tech-enabled collaboration in the field of residential and commercial real estate with connected local specialists. We are dedicated to our clients to crafting unparalleled customer experiences in Thailand.

NOON CAPITAL6 +66 61 176 1767
info@noon.sg

NOON Capital aims at improving the way properties are funded, developed and managed in South-East Asia. We fully integrated our value chain to control costs and execution, and we offer stylish yet affordable spaces to young professionals looking for a genuine neighborhood vibe and sense of belonging. Last December, we completed our first project in Chalong, the upcoming residential district of Phuket, and we are currently working on Phase II of the same development as well as Spazio, a network of co-living spaces in Thailand. We love FinTech too, and we are integrating blockchain technology into our fundraising and property management.

ASIA LAND FOR SALE(blank) (blank)
(blank)

Asia Land For Sale is the go-to hub for land and commercial real estate sales in the region. Unlike other platforms, our focus is solely on land and large buildings. That has allowed us to tailor our offerings to those wanting to buy or sell these properties. Our mission is to expedite the search process and make life easier for everyone. We allow stakeholders to effortlessly cut through the noise. No time wasted chasing down spam leads. No dealing with expired listings. As Asias first and only land and commercial-focused real estate marketplace, we understand it starts on the ground!

APAC LAND1 +66 2 391 6000
info@apacgroup.co.th

APAC Land is a privately-owned commercial real estate development and investment company. We engage in a variety of real estate projects with a focus on office buildings, mixed-use complexes, retail spaces, warehouses, and residences. Our current flagship project under development is an 800,000 sq. ft. mixed-used commercial complex in Bangkoks Central Business District (CBD). It comprises Grade-A office building and retail spaces designed to meet US Green Building Councils LEED Gold and FitWels maximum 3-star standards with target completion by 2024.

REAL ROPES ACCESS WORK AT HEIGHTS1 (blank)
(blank)

Our mission is to provide the highest quality of access solutions for tall structures and challenging locations. Rope access is fast becoming a preferred means of access for government offices, hospitals, commercial real estate, hotels, telecommunications companies, oil and gas rigs, power workers and more. Rope access minimizes risk of injury to workers using innovative technology. It is faster to set-up and complete than traditional methods, and interferes less with day-to-day business by removing the need for scaffolding. Our team of professionals have more than a decade of experience working with rope systems. Tik, the owner, has been doing rigging and rope access since 2006, first certified by Industrial Rope Access Trade Association (IRATA) in Singapore, August of 2007. He also completed Basic Offshore Safety Induction and Emergency Training in 2008, and just recently completed (along with the team) Rope Access & Work-at-Heights Training in Bangkok (2018) with the High Solution…

OCEAN PROPERTY CO., LTD28 +66 2 038 5555
info@oceanproperty.co.th

Ocean Property is a luxury real estate development company with headquarters in Bangkok, Thailand. Active properties include Ocean Marina Yacht Club (Pattaya), Ocean Portofino Condominium (Pattaya), O2 Condominium (Ploenchit - Bangkok), Asara Villa and Suite (Hua Hin), Ocean Tower 1 and 2 (Bangkok).

CENTURY21 SIAM2 +66 2 611 2657
fah.r@c21siam.com

Residential and commercial real estate sales and rentals in Bangkok, Thailand.

RISLAND THAILAND87 +66 2 026 6888
(blank)

Who is Risland Risland is a large-scale global real estate group headquartered in Hong Kong. Its operations cover diverse products and businesses such as residential development, commercial real estate, community management, and urban support. By 2018, Risland had developed projects in many countries including the United States, New Zealand, Thailand, India, Vietnam, etc., bringing innovative value to urban and community. Risland is a young, energetic and passionate international real estate company dedicated to providing innovative and dynamic solutions to society and communities. Guided by the needs of urban development, we provide the market diverse, green, ecological, intelligent, innovative, high-quality, outstanding, and human-centric products. Moreover, through excellent community support facilities and services, we are committed to bringing colorful, beautiful, comfortable, and high-quality life to residents, while consistently contributing to urban development and improvemen…

NAZERI & COMPANY CO., LTD.2 (blank)
(blank)

Nazeri & Company was established in Bangkok, Thailand on 2016 as a Boutique real estate company focused on all aspects of commercial and residential real estate. We also help clients with fund raising projects and construction bridge loans.

Top Commercial Real Estate Companies in Thailand

Key Statistics from 2022

In 2022, the CRE industry accounted for approximately 2.5% of Thailand's GDP, with a total value of THB 565 billion (USD 16.9 billion). Additionally, the sector provided employment opportunities for over 900,000 individuals, representing about 2.3% of the country's labor force.

Factors Contributing to Growth and Success

The Thai government has played a crucial role in promoting the growth of the commercial real estate industry. It has implemented several policies and initiatives to create a favorable investment environment and attract foreign investment. The government has also established the Board of Investment to promote investment in the country and created special economic zones to encourage investment in specific regions.

The increasing demand for commercial space has also contributed to the growth of the commercial real estate industry in Thailand. The country's growing economy and increasing foreign investment have led to an increase in demand for commercial space, particularly in Bangkok and other major cities.

Industry Growth and Comparison to Previous Years

The commercial real estate industry in Thailand has been growing steadily in recent years. According to the JLL Thailand Property Market Monitor Q4 2021, the office market in Bangkok remained strong, with a net absorption rate of 137,000 square meters in Q4 2021. The retail market also showed signs of recovery, with retail sales increasing by 10% in Q4 2021 compared to the same period in 2020. This growth can be attributed to the government's efforts to promote investment in the country and the increasing demand for commercial space.

Key Trends

Technological disruptions have been a significant trend in the commercial real estate industry in Thailand. Many property developers have adopted new technologies to improve the efficiency and effectiveness of their operations. For example, some developers have introduced building automation systems to control and monitor building systems and reduce energy consumption.

Another trend in the commercial real estate industry is the growing demand for sustainable and eco-friendly buildings. Many developers are turning to green building practices and implementing environmental sustainability programs to reduce their carbon footprint.

Challenges

The commercial real estate industry in Thailand faces several challenges. One of the major challenges is the impact of the COVID-19 pandemic. The pandemic has significantly impacted the industry, with reduced demand for commercial space and a shift towards remote work. The industry needs to continue to adapt to the changing landscape and implement measures to ensure the safety of tenants and staff.

Another challenge is the competition from other investment options, such as the stock market and other asset classes. These options offer a more liquid and diversified investment portfolio, making it challenging to attract investors to the commercial real estate industry.

Future Outlook

The commercial real estate industry in Thailand has a promising future. The government's efforts to promote investment in the country, increasing demand for commercial space, and adoption of new technologies and sustainable practices will continue to drive the industry's growth. Additionally, the industry can leverage the ASEAN region's economic integration to expand its market reach and attract more foreign investment.

To sustain the industry's growth, the commercial real estate industry needs to continue to innovate and adopt new technologies to improve efficiency and sustainability. The industry can also explore new investment products and services, such as real estate investment trusts (REITs), to attract more investors to the sector.

Moreover, the commercial real estate industry in Thailand can benefit from the integration of digital technologies. The emergence of proptech can provide an opportunity for the industry to streamline its operations and offer more personalized services to its clients. Proptech can also enhance the tenant experience by providing more transparency and access to property information.

Another opportunity for the commercial real estate industry in Thailand is to focus on sustainable and eco-friendly buildings. The demand for green buildings is growing, and developers can leverage this trend to attract more tenants and investors. Developing sustainable and eco-friendly buildings can also reduce operating costs and enhance the value of the property.

Conclusion

In conclusion, the commercial real estate industry in Thailand is a promising sector with significant potential for sustainable development. The government's commitment to promoting investment in the country, increasing demand for commercial space, and adoption of new technologies and sustainable practices will drive the industry's growth. The industry needs to continue to innovate and promote financial literacy to sustain its growth and success. The commercial real estate industry in Thailand is a crucial sector for the country's economic development, and its contribution to attracting foreign investment and creating job opportunities makes it a promising sector for investment.

undefined's picture
By Melissa Goh
Published on 29 May 2023