Retail property is one of the most complicated types of real estate development because of the constantly changing tastes and needs of consumers.

The Thai retail property market has changed hugely over the last 30 years since CBRE established an office in Bangkok and change continues at an even faster rate especially with the growth of E-commerce.

CBRE Research shows that there is now almost 7.5 million square metres of modern retail property in Bangkok, split between shopping centre at 46.5%, big box store at 17.7%, department store at 15.1%, community mall at 14.5% and other formats at 6.1%. There has been rapid growth and change in the range of retail formats and types of tenant.