RML officially opens ‘OCC’ – the tallest Grade A+ luxury office building in Thailand. Collaborating with leading F&B and Lifestyle brands to enhance work and living experience as a new Lifestyle Destination in the heart of Bangkok

RML (Raimon Land Public Company Limited), Thailand's leading developer of luxury and ultra-luxury real estate, organized an official opening of ‘OCC (One City Centre)’, the tallest Grade A+ luxury office building in Thailand located right in the heart of CBD area with a skywalk connected to BTS Phloen Chit. OCC, which is valued at 8.8 billion baht, is a significant joint venture project between RML and Mitsubishi Estate (Thailand) Co., Ltd., Thailand base of global real estate giant from Japan and joint venture partner of OCC. The office space alone comprises around 55% of the total leasing, while the retail space alone boasts an impressive leasing rate of around 90%. With retail space encompassed premium cafés, restaurants, and a Sky Bar on the top floor of the building, it has made OCC a luxury office building that responds well to the needs of every group of customers and is ready to provide a comprehensive lifestyle to everyone in Phloen Chit area.

Mr. Korn Narongdej, Chief Executive Officer of RML, discussed “The market of Grade A+ office buildings are likely to improve as new supplies are gradually increasing due to growing demand from foreign companies in various industries from tourism and technology to consumer products. According to the research conducted by global investment and real estate consultants, 4th quarter of last year saw Grade A+ office buildings in CBD locations had a total leasable area of approximately 460,000 sq. m. The top 3 locations with the most leasable space included Phloen Chit and Chidlom area with leasable area of approximately 120,000 sq. m. and occupancy rate of 85%. Silom and Sathorn area ranked 2nd with leasable area of approximately 110,000 sq. m. and occupancy rate of 75%. Siam area ranked 3rd with leasable area of approximately 50,000 sq. m. and occupancy rate of 40%. It is clear that the Phloen Chit and Chidlom area has the biggest supply of leasable space and the highest occupancy rate compared to other CBD locations. It is expected that there will be an increase for new supply of Grade A+ office buildings entering the market in 2024. And as a result, the overall demand in this market has increased by approximately 370,000 square meters.”

“Phloen Chit - Chidlom is an area that continues to be a popular choice for big companies, both local and international ones, to establish their headquarters. This is because the area has always been a business center area surrounded by premium lifestyle. Therefore, it is no surprise that ‘OCC’, a new Grade A+ luxury office building in the area, has been very well received among customers. OCC has a total leasable space of approximately 61,000 sq. m., which can be divided into 57,000 sq. m. of office space and 4,000 sq. m. of retail space. Currently, world-renowned companies as well as leading companies in Thailand have leased space at the building that occupancy rate has already reached around 55% of total office space. We expect to see occupancy rate exceed 70% this year. As for occupancy rate for retail space, it already reached 90% which means there are only a few units left and we expect to see 100% occupancy rate for retail space this year,” added Mr. Korn.

Companies that have signed contract to lease office space at ‘OCC’ ranged from world-renowned companies to leading companies in Thailand they came from various industries including technologies, e-commerce, co-working space business, as well as financial and serviced businesses. Companies whose names can be disclosed include The Boston Consulting Group (Thailand), Pacific Prime Consultant, Constellation Nord, DLA Piper, BNP Paribas, 10 Bridge, Waylar Corporation, Mitsubishi Estate (Thailand) Co., Ltd., Mitsubishi Heavy Industries (Thailand) Ltd., Mitsubishi Power (Thailand) Ltd., Marubeni Thailand Co., Ltd., CBRE Thailand, Amadeus Asia, Cortina Watch, KOKUYO International (Thailand) Co., Ltd., Nihon M&A Center (Thailand) Co., Ltd. and JustCo, Asia’s leading flexible workspace solutions provider. Occupying the 37th to 40th floors of OCC, JustCo's coworking spaces have been launched since last September, with further expansion within the building planned for later this year.

'OCC' is more than just a workplace as there are a variety of areas for hanging out, including shops, restaurants, bars, and famous cafés that allow people who live and work in Phloen Chit area to relax. At present, the retail space of the building is nearly full and all shops are expected to be opened in 2024. The newest shops that have just opened include Green & Been, has opened its first branch in Thailand, a café that utilizes exclusive coffee beans and premium green tea ingredients imported from Japan and created by 'Chef Gaggan Anand', an owner of 2-star Michelin restaurant which ranked 1^st in Asia's 50 Best Restaurants for four consecutive years, in collaboration with German chefs ‘Thomas and Mathias Sühring’ who own the best German restaurant in Thailand, and ‘Anupong Kuttikul’, Founder of Carnival, a multi-brand shop of Thai streetwear and fashion items; ENISHI, a ramen shop, scheduled to open its first branch in Thailand at OCC this February, that is highly recommended by Japanese people and guaranteed by MICHELIN Bib Gourmand Award; and Sushi Shimamoto, a famous omakase restaurant is set to open its first branch in Thailand in the 2^nd quarter of this year. There are many more shops that have already opened since last year including DEAN & DELUCA, a famous coffee shop originated in America; Au Bon Pain, one of America’s most popular bakery and coffee shops; %Arabica, a very famous café from Japan; Ksana, a famed rich matcha green tea café from Japan; BLK.BOBA Specialty, a famous organic bubble tea shop; and Lawson, a renowned convenience store from Japan. There is also Kinnie Food, a food court that offers foods at affordable prices for office workers as well as everyone in the Ploenchit area. More highlights are on 61^s floor and 58^th floor with luxury bar and upscale restaurant to be opened in the 1^st and 2^nd quarters respectively. The bar and restaurant were developed by Akara Hospitality, one of the leading food and entertainment business providers in Thailand. With the company’s many reputations in the Thai food and beverage industry, OCC is confident that the bar and restaurant will definitely be another destination to go to for both Thai and foreign tourists.

There are many reasons why OCC has received such well response. It is mainly because the building was designed to answer to the needs of users in every dimension through the concept of 'REIMAGINE YOUR WORLD' which can be explained in details below:

• Reimagined Journey In and Out – it offers convenience on every journey as there is a skywalk connected to BTS Phloen chit. This is not mention that reaching MRT Asoke can be done within 10 minutes and it is only 200 meters away from Chalerm Maha Nakhon Expressway.
• Reimagined Daily Work Rhythm – with modern smart building technology that brings convenience to you from using mobile application for entering and exiting the building as well as the use of contactless system inside the building to elevator calling system via mobile application, car registration number recognition system and parking fee payment system.
• Reimagined Office Space Possibilities – OCC designs work space while taking into account the well-being of the tenants and users. The highlight is how the building has no ‘central pillar’ to fully offer office space. The amount of fresh air has been increased to 30% higher than standard due to MERV14 air filtration system, which can abate PM 2.5 concentrations. Triple-Layer insulated glazing windows are in use to filter sunlight and noise. The construction material used in this building were selected with focus on sustainability and the environment and it must not cause harmful effect to users in terms of health and safety.
• Reimagined Retail and Food Selection – OCC sets itself as a world-class lifestyle destination with a superior selection of shops, bars, cafés, and restaurants in the retail area including rooftop destination on 58th and 61st floors that offer a 360-degree panoramic view of Bangkok and a highest view from the Ploenchit area.
• Reimagined Daily Green Intake – more than 5,000 square meters of green space both inside and outside the building.

OCC has received numerous awards that guaranteed its quality from various institutions. Most recently, it was LEED Gold certified by U.S. Green Building Council (USGBC) for its attention in terms of energy efficiency and care for the environment. Previously, OCC has received many awards including Fitwel award at the level of two stars from the US’s Center for Active Design (CfAD) which recognized a real estate project that stood out for its quality and how it ensured tenants in terms of friendliness as a workplace and the use of office space, as well as the Office Development of the Year award from the Real Estate Asia Awards 2021 in Thailand, which recognized the most outstanding project management innovation in Asia Pacific.

For leasing, please contact a CBRE sales representative at 02-119-2707, 089-010-5410 or find more information at https://bit.ly/41Q81uV and www.onecitycentrebangkok.com.