Key Contact

    • Executive Director Head of Occupier Services & Commercial Agency T: +66 2 643 8223

Related services

Advising on issues relating to commercial property leases

Our lease advisory and agency teams work closely together, providing impartial leasing advice to both landlords and occupiers of offices, industrial and retail property across Thailand.

Clients benefit from our technical and legal expertise as well as our access to the latest market activity. Our team includes members of the …

(Thailand to tailor to local qualifications / boards).

Why Knight Frank Lease Advisory

Our network in Thailand ensures we maintain thorough market knowledge, offering consistently high levels of service to local, regional, national and international clients. Our primary leasing objective is to negotiate the best leasing terms and tenancy agreements for our clients’ commercial property and portfolio.

Whether a landlord seeking to maximise investment returns or a tenant looking to restructure a leasehold agreement, we are able to identify opportunities, minimise risk and provide solutions based on your interests and with the best practical and commercial outcome.

Our landlord and tenant services

Knight Frank offers a range of lease advisory services across Thailand, including:

Negotiating rent reviews

Advice on securing the best possible result on your rent review needs to be tailored to the facts, having particular regard to the rent review provisions set out in the lease. That advice will need to address technical and legal issues as much as market evidence and conditions.

Where disputes occur on interpretation of rent review provisions, market evidence, or what is to be valued at rent review, rent review clauses typically provide for referral to an arbitrator or independent expert (referred to as the Third Party).

Negotiating lease expiries and renewals

The expiry of a lease offers landlords and tenants the opportunity to consider whether they wish to agree a new lease. Lease renewals are freely negotiated and we have wide market knowledge and the negotiating skills, to obtain best outcomes.

Negotiating lease restructuring and break options (re-gears, surrenders and re-grants, covenant reappraisal and renegotiation)

It can suit landlords and tenants to restructure leases during the term, perhaps in advance of a break option or lease expiry, to mutual benefit. There can be substantial improvement in investment value generated by lease restructuring and can remove onerous clauses or create flexibility. It can also support business planning for occupiers and unlock opportunities to refurbish or address other building issues at the same time. We are highly experienced in this activity and welcome the opportunity to investigate such options.