Thailand's Village Fund Office Launches Nationwide Agricultural Skills Program
Why this matters
Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.
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On the RET wire
- Disclosed office deal value tracked in November 2026: $7.5B across 41 reported transactions. All Office coverage →
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CHANTHABURI, Thailand, Nov. 13, 2026 /PRNewswire/ -- The National Village and Urban Community Fund Office (VF) has launched a multi-region agricultural skills program with the Agricultural Research Development Agency…
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