As of Q2 2010, the total office supply in Bangkok was 7,978,543 m2, up 1.5% Y-o-Y. No new supply was completed in this quarter. Overall take-up all of the Bangkok office market was 6,859,726 m2, up 6.4% Q-o-Q and 1.4% Y-o-Y. The total occupancy rate also improved slightly from 85.6% to 86% in this quarter. The vacancy rate was fourteen.0%, a fall from the 14.4% recorded in Q1 2010. In Q2 2010, overall rents fell for that sixth consecutive quarter forever of this last year alone. Grade An offices in the CBD area faced a 1.4% Q-o-Q and a 2.9% Y-o-Y drop in rents, down to THB 680/m2 in this quarter from THB 683/m2 in Q1 2010.
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My Global Perspectives class primary focus was the very center East since a whole the class really opened my eyes up for the country’s and cultures within those countries that exists. Hopefully this tad bit of info encourages for you to look further into the very center East.
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Between management, the unions and the American workers, we have managed to reduce the shoe industry, the steel industry, the garment industry, the electronics industry and most people.
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