Sathorn Prime is a freehold Grade A commercial office building with 41,000 sqm GFA located within the Sathorn financial district, Bangkok’s most prestigious CBD. The building comprises 11 office floors and 2 retail floors fitted with modern finishes and up to 2.7 m ceiling heights. Chong Nonsi BTS station is within a 5-minute walk from the building, providing seamless connectivity to the rest of Bangkok. The building’s prime location puts it only steps away from numerous international banks, multinational corporations, 5-star hotels, and luxury residential developments.
This was an exceptionally rare opportunity to acquire a freehold commercial office asset within Bangkok’s tightly held Sathorn CBD. We acquired this Grade B office with vacant possession, allowing us to immediately perform asset enhancement works to upgrade it to Grade A status in just under 1 year. Our value-add initiatives included gaining additional net lettable area and upgrading the façade and interiors (main lobby, lift lobby, toilets, enlarged windows, increased floor-to-ceiling height etc.) in order to enhance the building’s image and reposition it into a Grade A office.