With operations in over 75 countries around the world, property services and investment management firm Jones Lang LaSalle (JLL) entered the Thai market about a quarter century ago. Over the years, the company has won several real estate services honours, including those from the prestigious Asia Property Awards.
These days, that award category has been discontinued, but JLL remains active in the development award series. In 2014, JLL was a Sponsor at the ninth annual Thailand Property Awards, championing the kingdom’s best of the best in property, architecture and design. And in 2015, the company returns as a Gold Sponsor at the next event, which will be held on 9 September at the Grand Hyatt Erawan Hotel in Bangkok, reaffirming their support of the Thai property industry.
“JLL is proud to have contributed to the development of Thailand’s real estate industry over the past 25 years,” commented Suphin Mechuchep, managing director at JLL Thailand and a member of the panel of judges at the 2015 Awards. “The market knowledge we have built and shared, the work our people have done, the ideas we have created, and the advice we have provided have had a deep and lasting effect on both our clients and Thailand’s real estate landscape.”
Bangkok’s property sector is picking up from a subdued first half in 2014, with the domestic market on the rebound. In particular, the capital’s office and retail segments have expanded considerably in recent months. Dr. Chua Yang Liang, JLL’s head of research and consultancy, South East Asia, said, “Bangkok retail is closing in [as one of the most attractive retail sectors in the region] and is worth keeping a close watch.”