Research

Bangkok Retail Market Update 4Q-2021

Positive demand driven by a mall expansion and a renovation, but the challenge is not over.

January 31, 2022

Contributors:

Jeremy O’Sullivan
Nuntida Owatranphorn

Highlights

Positive net absorption shows following release from lockdown
Two new completions drive an increase in prime stock
A new COVID wave has limited the rental recovery
Outlook: Retailers forced to adapt in a challenging market

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