WHA TOWER in Bang Na, Gateway to the EEC, on pace for completion by end 2020
Sole leasing agent JLL expects the development to ease Bangna’s undersupplied Grade A office market
WHA Corporation PCL (WHA Group), Thailand’s leader in fully-integrated Logistics, Industrial Estates, Utilities & Power, and Digital Platform, revealed that the WHA Tower, its future headquarters on Thepparat Road (formerly known as Bangna-Trad) KM 7 is generating significant interest from potential tenants. The 25-storey building which is now under construction, will offer over 52,000 sq.m of flexible office space, and common open spaces to foster creation, innovation and collaboration. This modern concept would be ideal for corporates, multinational corporations (MNC), tech SMEs and startups that need open-plan workspaces to boost interaction.
Seen in the photo are representatives of WHA -- Ms Jareeporn Jarukornsakul (center), Chairman and Group CEO, WHA Corporation PCL, Mr David Nardone (2nd right), Group Executive Industrial and International, WHA Industrial Development PLC and Ms Siyaphas Chantachairoj (right), Director Corporate Marketing, WHA Corporation PCL; and representatives of JLL -- Mrs Suphin Mechuchep (2nd left), Managing Director, and Ms. Yupa Sathienpabayut (1st left), Head of Office Leasing, gathering after the contract signing ceremony appointing JLL as the sole leasing agent for WHA Tower.
“We are extremely excited about our new corporate headquarters, our first Grade A office development project that will be strategically located along the Thepparat Road (Bangna-Trad),” said Ms Jareeporn Jarukornsakul, Chairman and Group CEO, WHA Corporation. “WHA Group is looking forward to partnering with leading international property services firm JLL as the sole leasing agent for this project. We will soon begin offering office space to dynamic companies looking for a flexible working environment in a modern building. We are incorporating special features such as sports areas, co-working space, artisan cafe and other activities. Our intention is to offer corporate users a better work and living experience where people can combine work with a healthy and fun-loving lifestyle.”
Approximately 35% of WHA Tower will be occupied by WHA Group offices, with the remaining area to be offered for lease primarily to WHA customers and corporations or business entrepreneurs in the new generation industries. Its ideal location on Thepparat Road (formerly Bangna-Trad) KM 7 is close to central Bangkok, and just a short drive to the EEC area. It is also within close proximity to Suvarnabhumi airport, Mega Bangna, Central Bangna, and residential neighborhoods, and also allows quick access to key arterial roads. Designed for maximum efficiency, the building will allow tenants and visitors to reach the most convenient routes at all times.
The forward-looking WHA Tower, with its different levels of graceful, swooping curves, represents an imposing mountain on the landscape, expressing power, consistency and richness. The elongated geodesic dome surges upward, bringing patterned triangle diamonds to the summit in a movement depicting energy.
“WHA Tower, the newest landmark in Bangna, will offer Work Life Solutions”, explained Mr David Nardone, Group Executive Industrial and International, WHA Industrial Development PLC. “Its design by award-winning architects Palmer & Turner (Thailand) incorporate specifics that will increase productivity for all occupants and will be equipped with state-of the art technologies. Close to the airport and a gateway to the EEC, this iconic building in Bang Na will enable tenant companies’ employees maintain a good work-life balance.”
Mrs Suphin Mechuchep, Managing Director of JLL, said “The Bangna area attracts companies from a wide variety of industries. Many of these companies need to have an office with easy access to both the Eastern Seaboard and central Bangkok. The establishment of the Eastern Economic Corridor has reinforced this trend. We have also seen demand from companies looking for offices with relatively affordable rents in the outskirt of Bangkok with good infrastructure and supporting facilities. Many of these companies are leading corporations looking to locate their back offices outside central Bangkok.”
“However, the Bangna area has suffered tight supply of quality office space, with most of the existing office buildings are aged over 25 years and are not competitive in terms of quality. For these reasons, we expect WHA Tower to achieve strong pre-commitment and be fully occupied upon completion in 2020. So far, the development has already received strong enquiries from various companies from large international corporations to SMEs and startups,” Mrs. Suphin added.
WHA Tower, equipped with state-of the art technologies featuring cost-effective and eco-friendly approaches, is scheduled for completion in the pace of 2020.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 91,000 as of March 31, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
The firm’s operation in Thailand began in 1990 and today is the country’s largest international property service provider with 1,600 employees and more than five million square metres of property and corporate facilities managed. In Euromoney Real Estate Survey 2018, JLL was voted as Thailand’s number one overall real estate advisor for the 8th consecutive year and also won top votes for agency/letting, research and valuation in the same survey. The firm was also named Thailand’s five-star winner in the commercial property consultancy and commercial real estate agency categories at the International Property Awards Asia Pacific 2019/2020. For more information, visit www.jll.co.th
WHA Corporation Pcl. (WHA Group) is Thailand’s leader in fully-integrated logistics and industrial facilities solutions. For more information, visit www.wha-group.com