World Trade Centers Association(R) (WTCA(R)), an international trade association connecting more than 300 World Trade Center(R) (WTC(R)) locations in nearly 100 countries, cited the adoption of environmental, social, and governance (ESG) standards by Thai property developers as critical to driving the next wave of innovation and growth in a real estate industry that contributes approximately 10 percent to Thailand’s gross domestic product (GDP).
The commercial real estate market in Thailand has been experiencing steady recovery since the pandemic, driven by tenants in the tourism,…