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Muang Thai Life Assurance opens ’66 Tower’, a Grade A office building in the Sukhumvit area

Bangkok, Muang Thai Life Assurance held a grand opening of '66 Tower', a Grade A office building in the Sukhumvit area, standing out with its potential location, easily connecting to the CBD area, fully meeting the office needs of the new generation. Muang Thai Life Assurance holds a grand opening of '66 Tower' The Living Workplace Solution, a 28-storey Grade A office building in the Sukhumvit area, built under the concept of 'Human Centric Living Workplace' that emphasizes space design that places importance on users as the center, and stands out with its potential location and easy connection to the inner economy to the CBD Area, meeting the office needs of the new generation. Mr. Sara Lamsam, Chief Executive Officer of Muang Thai Life Assurance Public Company Limited (MTL), revealed that the '66 Tower' The Living Workplace Solution is a Grade A office building for rent located on Sukhumvit Road near Soi Sukhumvit 66 under the concept of Human Centric Living Workplace, focusing on designing the space wit h a focus on building users as the center. The area is 4-2-32 rai, 28 floors high, with a total rental area of ??approximately 30,000 square meters. The project has been completed and has been fully operational since October 2021, with CBRE (Thailand) Co., Ltd. or CBRE as the main office space leasing agent of the project. The current occupancy rate is 60%. 66 Tower has many outstanding features, both in terms of architectural design that emphasizes modernity along with sustainability to meet tenants' space usage. The project uses environmentally friendly materials and provides green space in the project. The location is on Sukhumvit Road near Soi Sukhumvit 66, a potential location that is easy to connect to the inner business and economic district (CBD: Central Business District), industrial business zones, and the Eastern Economic Corridor (EEC: Eastern Economic Corridor). It is also convenient to connect to mass transit systems, whether it is the electric train with a bridge directly connecting to the BTS (BTS) at Udomsuk Station to the building, public buses, and it is also close to the entrance and exit of 3 expressways (Chaloem Maha Nakhon Expressway, Chalong Rat Expressway, and Burapha Withi Expressway), and it is also a quick way to travel to Suvarnabhumi Airport. The project also emphasizes the importance of convenience in the project to make tenants' business operations run as smoothly as possible, including the design of rental space in the form of Column Free Design or open rental space without columns in the middle of the area, allowing the most efficient use of space, almost 100%, to support changes in usage patterns and support tenants' business growth. There are common facilities compared to the size of the area, which is more than general office buildings, such as the number of bathrooms, the number of passenger lifts, etc., to provide tenants with convenience, speed, and reduce congestion in the use of common areas. The project has Co-Working Space and meeting rooms for rent for convenience. Th e building also uses technology and innovation that emphasizes safety, energy management, and indoor air quality control systems, including PM 2.5 dust filtration and UVGI (Ultraviolet Germicidal Irradiation) technology in the air conditioning system, which is the same standard used in leading hospitals and airports. In addition, 66 Tower has been highly recognized in the real estate industry, guaranteed by the various awards received continuously since the project's inception until now, including the "Award Winner Office Development Thailand" and "Best Office Architecture Thailand" awards from the Asia Pacific Property Awards, reflecting excellence in office building development and design in 2019-2020. It was certified with the international standard as a green building "LEED Green Building Certification with Gold standard", which confirms its commitment to sustainability and environmental conservation in 2021. The "BSA Building Safety Awards 2022" Gold level award by the Building Inspectors Association fr om the Outstanding Building Safety Contest project in 2022 and received the "WiredScore" technology building standard certification at the GOLD level, the first group in Thailand, to confirm the excellence in digital connectivity worldwide that is internationally recognized, measured by connectivity, infrastructure, readiness, and innovation, which was received in 2023. 'We understand the changing behavior of office space users after the COVID-19 situation, both in terms of adjusting to a hybrid-workplace model and using various technologies to assist in work, and find ways to apply building management systems for maximum efficiency, as well as adjusting service conditions to be more flexible to better meet tenant needs. Therefore, 66 Tower is an interesting option because it is located in a potential location with convenient access to the city and outside the city. It is suitable for all sizes of businesses, from start-ups to large businesses that require quality office space and careful design because we a re primarily concerned with building users,' said Mr. Sara. Ms. Rungrat Virapakkarun, Managing Director of CBRE Thailand, said, 'The office building market in Bangkok has been lively since last year. Over the next 3 years, there will be an additional 830,836 square meters of office space available for rent in the market, which is an opportunity for tenants to choose offices that meet their needs. It will also give tenants a significant advantage in negotiating for good rental terms. However, modern office buildings that meet international standards account for 94% of new office buildings that are about to be built. The goal is to develop them into commercial real estate projects that take into account environmental sustainability and focus on the well-being of office tenants and building users. This will increase the stimulus for old office buildings that are more than 25 years old, which account for more than 60%. If the original buildings that are well-maintained are renovated to meet international standar ds, some of the tenants will be able to be retained. We also saw that towards the end of last year, there was an increase in demand for office space rentals, which is expected to continue this year.' 'In terms of trends to watch in the modern office building market, it is the importance of innovations that promote employee quality of life and work efficiency, and the importance of environmental sustainability and the introduction of advanced technology. We will see that both Thai and foreign companies will increasingly adhere to the principles of ESG (Environment, Social, and Governance) and the requirements of the Office of Sustainability. They will also place importance on and tend to push the concept of sustainable business development, or ESG (Environmental, Social, and Governance), by selecting office buildings that have received international standard certification. For the 66 Tower project, the office space has been designed according to the standards of Grade A office buildings, which have not only r eceived international certification as an environmentally friendly green building, or LEED Gold, but have also received a GOLD certification for technology buildings, or WiredScore, which is another important characteristic of office buildings.' For more details on the 66 Tower building, please visit the website www.66-tower.com or contact the sales office. For inquiries about office or retail space rentals, please call 02-119-1500 or 02-119-2712 Monday-Friday, 8:30 a.m.-5:00 p.m. Source: Thai News Agency