Colliers predicts 20% growth

26 Jul 2013

Colliers International Thailand is predicted business growth of 20 percent during 2013 following a string of awards and its expansion into Myanmar.

In addition to taking home six awards from last year’s Thailand Property Awards 2012, the strength of the Thailand business was also an important factor in the company winning the highly prestigious Asia Award for Excellence for Best Property Advisory/Consultancy at Real Estate Investment World Asia event last month.

Simon Landy (pictured), Executive Chairman of Colliers International Thailand, said: “We have always positioned ourselves primarily as an advisor to landlords, developers and end users, so it is very gratifying to have this achievement recognised by our peers and clients.  From this base, we have grown a strong brokerage business that always puts the client at the centre by providing straightforward and market-based advice.”
Business prospects remain bright, according to the Thailand property industry veteran, given the strong fundamentals of the company and of Thailand’s economy.  

“Even though some sectors of the market have seen strong growth in the last few years, Thailand is steadily emerging as a key hub for North ASEAN, and this will lead to more demand growth in the near future,” he added. 

“Myanmar could be a game-changer for Thailand, and that’s why we’ve been quick to move in and build on its growing business links with Thailand.  This could put Thailand in the driving seat for the sub-region that we like to call the “CaLM” countries – Cambodia, Laos and Myanmar.”

Andrew Batt, International Group Editor of PropertyGuru, wrote this story. To contact him about this or other stories email andrew@allproperty.com.sg

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