Knight Frank Expands Project Management to Meet Demand for Office Relocation Towards ESG
The office building market in Thailand is accelerating due to the continuous trend of office relocations, driven by organizations placing greater emphasis on high-quality buildings and ESG standards. This shift has led many tenants to decide to move to new buildings that meet both their image and operational efficiency needs. At the same time, the current office relocation process has become increasingly complex, with fluctuating construction costs, strict timelines, and heightened quality expectations. As a result, many organizations are opting to engage professionals for comprehensive project management services. Knight Frank Chartered (Thailand) Co., Ltd., a leading real estate consultancy in Thailand, is enhancing its Project Management services by appointing Mr. Panya Jenkijwatanalert, Partner – Head of Office Space Consulting, to oversee and develop the team's operations. This aims to elevate service delivery to fully meet client needs, from finding office buildings and space planning to design, construction, and handover, providing a One-Stop Service for corporate clients. Currently, over 80% of Project Management clients are organizations looking to relocate offices, while the remaining 20% are projects in other sectors, such as hotels and retail, primarily involving multinational corporations (MNCs). The company aims for 100% growth by the end of this year.

Mr. Panya Jenkijwatanalert, Partner – Head of Office Space Consulting at Knight Frank Chartered (Thailand) Co., Ltd., stated, “Currently, organizations, especially multinational companies, are increasingly inclined to relocate to high-quality buildings that meet ESG standards. This means that office relocation is not just about finding a new location but also involves managing costs, design, and construction efficiently. Many clients seek consultants who can provide comprehensive care. Therefore, we have restructured the Project Management team to work closely with the Office Strategy team to support clients throughout every step of the process. Another crucial factor is transparency in cost management, which clients are increasingly prioritizing. We focus on clarity and accountability to help clients make effective decisions.”

“Taking on the responsibility of Project Management services is both a challenge and a significant trust from the organization, especially during a time when the real estate market is becoming more complex in terms of costs, timelines, and clients' ESG demands. Our role is not limited to managing projects to completion as planned but also to instill confidence in clients at every stage of the process, from strategy development and cost control to delivering quality projects that meet established standards,” Mr. Panya concluded.
The Project Management team at Knight Frank acts as the client's representative in controlling budgets, timelines, and project quality while coordinating with stakeholders to ensure projects proceed as planned. The team's strength lies in combining the agility of young professionals with a transparent, straightforward working approach and providing in-depth insights into costs, materials, and market conditions to support clients' decision-making effectively.
The enhancement of the Project Management team reflects Knight Frank's direction in developing comprehensive real estate consultancy services to meet the needs of organizations seeking professional project management partners amidst the increasing complexity of project development today. Mr. Panya Jenkijwatanalert has played a key role in driving and developing Knight Frank Thailand's office space consulting business to continuous success. His new responsibility in overseeing Project Management services reflects the organization's confidence in his leadership potential, and he is confident in building on this success while leading the team to foster growth and strengthen the company's business in the long term.
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