CBRE Thailand
CBRE Thailand is the Thailand affiliate of CBRE Group (NYSE:CBRE), the world's largest commercial real-estate services company. Provides Bangkok office leasing, condominium project marketing, retail-mall consultancy, valuation, and research services. Publishes the CBRE Bangkok Office Market Report, Bangkok Condominium Market Report, and Phuket / Pattaya / Hua Hin coastal-residential reports widely cited in Thai real-estate analysis. Competes with Knight Frank Thailand, JLL, Colliers Thailand, and Savills Thailand.
Profile overview
CBRE Thailand is the Thailand affiliate of CBRE Group (NYSE:CBRE), the world's largest commercial real-estate services company. Provides Bangkok office leasing, condominium project marketing, retail-mall consultancy, valuation, and research services. Publishes the CBRE Bangkok Office Market Report, Bangkok Condominium Market Report, and Phuket / Pattaya / Hua Hin coastal-residential reports widely cited in Thai real-estate analysis. Competes with Knight Frank Thailand, JLL, Colliers Thailand, and Savills Thailand.
Service segments
Office leasing
Bangkok Grade-A office brokerage and advisory
Provides leasing advisory for Bangkok Grade-A and Grade-B office space across CBD (Silom, Sathorn, Asoke) and non-CBD (Ratchada, Bangna) submarkets. Publishes quarterly CBRE Bangkok Office Market Report with vacancy rates, rents, and take-up data used by Thai and regional REIT managers.
Residential project marketing
Condominium presales and foreign-buyer services
Markets presales for branded condominium projects (Ashton, The Residences at Mandarin Oriental, Sindhorn Tonson). Provides foreign-buyer advisory including 49% foreign-quota allocation, payment structuring, and legal-entity setup for non-resident purchases.
Research and valuation
Pricing benchmarks and asset valuations
The CBRE Research Thailand team publishes the most widely cited Thai real-estate pricing benchmarks: Bangkok Office Market, Bangkok Condominium, Phuket Coastal Residential, and Thai Hotel Market quarterly reports. Valuations serve institutional lenders, REITs, and corporate occupiers.
Peer comparison — Bangkok real estate services firms
Parent
CBRE Group (NYSE:CBRE)
Strength in Thailand
Office, luxury residential, valuation
Market reports
Yes — quarterly office, condo, hotel
Parent
Knight Frank LLP (UK)
Strength in Thailand
Luxury residential, land, valuation
Market reports
Yes — residential, warehouse, hotel
JLL Thailand
Parent
Jones Lang LaSalle (NYSE:JLL)
Strength in Thailand
Office leasing, data centres, REITs
Market reports
Yes — office, industrial
Colliers Thailand
Parent
Colliers International (NASDAQ:CIGI)
Strength in Thailand
Office, hotel, industrial
Market reports
Yes — quarterly market snapshots
| Firm | Parent | Strength in Thailand | Market reports |
|---|---|---|---|
| CBRE Thailand | CBRE Group (NYSE:CBRE) | Office, luxury residential, valuation | Yes — quarterly office, condo, hotel |
| Knight Frank Thailand | Knight Frank LLP (UK) | Luxury residential, land, valuation | Yes — residential, warehouse, hotel |
| JLL Thailand | Jones Lang LaSalle (NYSE:JLL) | Office leasing, data centres, REITs | Yes — office, industrial |
| Colliers Thailand | Colliers International (NASDAQ:CIGI) | Office, hotel, industrial | Yes — quarterly market snapshots |
Watchpoints 2025-2026
Office oversupply
Bangkok CBD office vacancy rising to 25%+
Bangkok CBD office vacancy increased to 25-28% by 2024 from post-COVID supply additions (One Bangkok, Park Silom, The PARQ). CBRE's leasing advisory business faces pricing pressure as landlords compete on rent-free periods and fit-out contributions.
Foreign-buyer slowdown
Chinese condo buyer pullback in 2024-2025
Chinese buyers historically account for 20-30% of Bangkok luxury-condo presales. The 2024-2025 Chinese domestic property market contraction reduced outbound real-estate investment, affecting CBRE's presale project-marketing revenues at developer clients.
Data centre opportunity
Hyperscaler data-centre site advisory growth
AWS, Google, and Microsoft data-centre investments in Bangkok create a high-value advisory pipeline for CBRE Thailand's industrial and corporate-occupier division. Data-centre site selection, structuring, and lease advisory is a high-growth segment for 2025-2026.
Related Market profiles
Peers, parents, partners, agencies, and other Real Estate Services actors.
Competitor
Sansiri
Thailand's luxury, premium condo leader; BTS Group transit-oriented JV; FY2024 revenue ~ $1.04B; foreign-buyer-demand beta.
Open Market profile →
Competitor
Origin Property
Mid-premium condo, hospitality hybrid; One Origin portfolio, Origin Hospitality chain; FY2024 revenue ~ $521.7M; One Origin Industrial diversification.
Open Market profile →
Competitor
AP Thailand
Top-3 listed residential developer; detached, townhouse, Mitsubishi Estate condo JV; FY2024 revenue ~ $1.1B; mid-premium segment leader.
Open Market profile →
Reports featuring this profile
Related Market profiles
competitor
Sansiri
Thailand's luxury, premium condo leader; BTS Group transit-oriented JV; FY2024 revenue ~THB 36B; foreign-buyer-demand beta.
competitor
Origin Property
Mid-premium condo, hospitality hybrid; One Origin portfolio, Origin Hospitality chain; FY2024 revenue ~THB 18B; One Origin Industrial diversification.
competitor
AP Thailand
Top-3 listed residential developer; detached, townhouse, Mitsubishi Estate condo JV; FY2024 revenue ~THB 38B; mid-premium segment leader.