Press Release | Intelligent Investment
CBRE Thailand Advises Urban Hospitality Group on 30-Year Land Lease Near BTS Phra Khanong
September 30, 2026
Media Contact
Head of Marketing and Communications, Thailand
The site comprises 444 sq. wah and is within walking distance of BTS Phra Khanong, providing convenient access to both Rama IV and Sukhumvit Roads. The surrounding area features a mix of retail, office, government and residential developments, positioning the site to serve both leisure and business travelers.
The project will expand The Quarter, UHG's four-star hotel brand. This concept targets modern travelers with a lifestyle-focused hospitality experience in strategically connected urban locations.
CBRE’s Capital Markets team provided strategic guidance to UHG throughout the lease acquisition process, leveraging its expertise in hospitality and capital markets to support the group's growth objectives.
This transaction reflects sustained demand for well-located hospitality developments in Bangkok and highlights the appeal of transit-oriented sites that offer access to business districts, residential communities and lifestyle amenities.
CBRE Thailand remains committed to advising clients on strategic hospitality and real estate opportunities across Thailand.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE established an office in Bangkok in 1988, followed by its Phuket office in 2004. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at https://www.cbre.co.th.