Sinthoranee Property is moving forward at full speed with its serviced office business, ‘Biz Concierge’,

Bangkok--24 Jul--Sinthoranee Property Sinthoranee Property is moving forward at full speed with its serviced office business, ‘Biz Concierge’, focusing on the median level business, and now introducing “The Olympic Suite’ with the goal to achieve 85% occupancy throughout the year. Sinthoranee Property, one of the leading real estate developers, is confident for opportunities. The Company accelerated the development of the remaining space of its serviced office at The Trendy Building, Sukhumvit 13 and has launched a new phase, "The Olympic Suite" to attract more customers of median level business with a special price promotion. Its advantageous location next to the MRT and the BTS is ideal for business owners of median level who want to reduce the rental office space. According to Wuthichai Pha-oenchok, the managing director of Sinthoranee Property, the year 2012 is another tough year due to last year’s flood which affected the investors’ confidence. The Company has adjusted its businesses accordingly to maintain competitiveness. In this regard, ‘Biz Concierge’ on the 6th floor of The Trendy office building at Sukhumwit 13, with the space over 1,000 sq.m., is now developed and fully utilized. It will be one of the best serviced offices or business centers in the country in terms of services, convenience and modern technologies. The Company started to develop the ‘Biz Concierge’ in full scale during the 3rd quarter of last year. However, the flood caused a delay which has turned to be good that it allows the Company to make a better adjustment and make the ‘Biz Concierge’ more outstanding. For instance, the fundamental concept of the ‘Biz Concierge’ is to consider the well-being of the clients and staff and to make them feel the workplace like their second home. Therefore, the ‘Biz Concierge’ has blended the sports atmosphere to working environment so that the people will feel relaxed while working. In addition, the facilities have been equipped with the latest telephony technology, the internet, etc. The Company has spent a total of over 10 million Baht to cover the whole phase of these developments. Keith Hodgson, the general manager, added that the ‘Biz Concierge’ is a business center offering various services from fully furnished office space rental, virtual office and seminar/conference rooms. Tenants are very satisfied with its downtown location, for example, the Nana BTS station is only 4 minutes away and the Sukhumvit MRT station is just 5 minutes away. The toll gate of the expressway is also close by. The space of the ‘Biz Concierge’ has been designed to be functional. The first phase of 750 sqm. has been developed into ‘The Terrace Suite.’ The second phase is called ‘The Gallery Suite’ which has been developed into a larger meeting room of 50 — 100 seats, able to accommodate meetings,seminars, banquets or exhibitions. There have already been many art and photo exhibitions using the place. The last phase is "The Olympic Suite" which is developed under the sports concept, blending working environment to sports. It is the first of its kind. For example, the social area, Time Out, has been designed with a football theme. The walkway has been designed like the running track and the meeting rooms are designed with the concept of table tennis instead of conventional conference table. The total area is 500 sq.m. divided into 19 office rooms or 72 seats. The ‘Biz Concierge’ is available for both Thai and international clients. Besides the facilities mentioned above, the services include secretarial service, meeting rooms, free beverages and free use of the pool and fitness center which are selling points of the ‘Biz Concierge’. ‘Biz Concierge’ is offering a very special inclusive rental rate at the moment which is considered as the lowest comparing to the office buildings in the same area. The Company has started its sales promotion this month and used various media including the newspaper, magazine, cut-out, banner, direct mail and E-flyer. Special offer has been presented to the Federation of Thai Industries together with working with various rental agents and joining with the exhibitions of various chambers of commerce. “We aim to get occupancy to 85% this year,” Mr. Hodgson concluded. Further information, please contact: Thai: Khun Supakit Pramuansap Khun Chalida Puttamontaksin Sinthoranee Property Public Relation Tel. 0-2444-3560 Ext. 103, 081-750 2975 English: Keith Hodgson 089 524 3081 Fax. 0-2444-3716 E-mail: [email protected]