CB RICHARD ELLIS THAILAND ANNOUNCES PROMOTIONS FOR RESORT PROPERTIES TEAM

ข่าวอสังหา Wednesday March 10, 2010 09:48 —PRESS RELEASE LOCAL

Bangkok--10 Mar--CB Richard Ellis CB Richard Ellis (CBRE) Thailand is pleased to announce the promotion of two key members of the resort properties team. Effective from 1st February, CBRE has promoted Ms. Prakaipeth Meechoosarn (Khun Pet), General Manager- Resort Property to a Director. Ms. Prakaipeth has been working with CBRE since the company opened its Phuket branch in 2004. She has been a key part of the resort sales and marketing team and has been involved in the sale of many top-end villas in Phuket including Andara, Sri Panwa, Trisara and Laemsingh Villas. She now heads the resort residential sales team. Despite the slowdown in the resort property sales, Ms. Prakaipeth has been able to complete several major transactions of luxury villas and condominiums in Phuket last year and has maintained CBRE’s position as the leading international agent in Phuket and Samui and has successfully launched the Conrad Koh Samui Residences. Ms. Preeti Tanwani, an integral part of CBRE Thailand’s resort marketing team in supporting Mr. David Simister, Chairman and Ms. Prakaipeth has been promoted to Associate Director. She has been working with CBRE since 2006 and has been involved in the design development, marketing consultancy of many top-end and branded residences and the planning and implementation of sole agency marketing plans on projects including Shangri-La’s Phuket Resort & Spa, W Koh Samui Residences and Conrad Koh Samui Residences. In addition, she also runs regional and international PR of Thailand’s resort markets. Recently, Preeti and Pet planned and executed the sell out within 2 months of Song Saa Island Resort, Cambodia’s first international resort. “We are pleased to announce the promotion of both Khun Pet and Khun Preeti, the key members of our resort operation. CBRE remains firmly committed in the sale and promotion of resort property in the region and internationally. With the resources our two directors bring, we will continue to advice developers and help them maximise their opportunities in the Phuket and Samui markets. With the global downturn last year, market research and consultancy has become a critical part to a project’s success. CBRE is uniquely positioned to offer the best advice to developers with our extensive knowledge base and presence in these markets” said David Simister, Chairman, CBRE Thailand. About CB Richard Ellis CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2009 revenue). The Company has approximately 29,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis has been named a BusinessWeek 50 “best in class” company for three years in a row. CB Richard Ellis established an office in Bangkok in 1988, followed by Phuket office in 2004, and Samui office in 2007. CB Richard Ellis (Thailand) Co., Ltd. has grown to be a leading real estate services provider, offering strategic advice and execution for sales and leasing for all types of property, property and facilities management, valuation and advisory, and research and consulting. For more information, visit the company's website at www.cbre.co.th. For further information: Ms. Ngamjai Jearrajarat Manager - Corporate Communications +66 2 654 1111 Ext. 522

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