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Bangkok Retail

Asian Cities Report – 1H 2020

Report

Reihe: Savills Asian Cities Report

Anbieter: Savills

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  • Berichtszeitraum: 1. Halbjahr 2020
  • Erscheinungsdatum : 01.06.2020
  • Seiten : 4 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 1,21 MB
  • Sprache(n) : Englisch

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Inhalt

Bangkok's total retail stock stands at 8.8 million sq m, while 3.1 million of that total is considered to be prime retail. There has been no significant additional new supply in 1H/2020, and the most notable market news has been that Isetan, the Japanese department store, is leaving the Bangkok market after 28 years since it first opened in Central World. The decision was made at the end of their lease term due to the intense competition they have faced from local retailers. This means that over 27,000 sq m of leaseable area will return to the landlord, Central Pattana, who have stated that the space will be renovated to become an "urban lifestyle destination" which is expected to complete by Q3/2021.

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