webfact Posted May 12, 2017 Share Posted May 12, 2017 Australian embassy site draws strong interest By The Nation BANGKOK: -- JLL, the sole sales agent for the Australian Embassy site on Sathorn Road in Bangkok, reports that more than 10 parties have expressed interest in acquiring the property. The firm is also expecting more parties to participate in the expression-of-interest (EOI) tender before it closes. The site covering 7 rai, 382 square wah (11,295.5 square metres) has been put up for sale on a freehold basis by the Australian Department of Foreign Affairs and Trade as the embassy will soon relocate to its new premises near Lumpini Park. Suphin Mechuchep, managing director of JLL, said that not only listed and non-listed developers but also financial institutions and multinational companies looking for a prime site for new head offices have expressed interest. All of these parties are well qualified to make a bid in terms of financial strength and reputation. The sales campaign for the embassy site commenced in March and the EOI tender will close next month. “After the tender closes, there will be a number of processes following such as shortlisting, a sale and purchase agreement, security-deposit payment and due diligence. As a result, we expect the sale transaction to be completed in the final quarter of 2017 when the successful tenderer will be unveiled,” Suphin said. -- © Copyright The Nation 2017-05-12 Link to comment Share on other sites More sharing options...
wombat Posted May 12, 2017 Share Posted May 12, 2017 i loved it underneath that building once you got in. whats not to like about its location. whats the new place like? Link to comment Share on other sites More sharing options...
Monkeyrobot Posted May 12, 2017 Share Posted May 12, 2017 The new embassy looks like Ayers rock (uluru) Link to comment Share on other sites More sharing options...
lordblackader Posted May 12, 2017 Share Posted May 12, 2017 33 minutes ago, Monkeyrobot said: The new embassy looks like Ayers rock (uluru) Link? I'd love to see the plans be it I'm still sad they're selling the existing site, it really is a nice embassy, particularly compared to other Aus embassies in SEA, KL for example is a concrete monstrosity. Link to comment Share on other sites More sharing options...
scorecard Posted May 12, 2017 Share Posted May 12, 2017 Brings the ultimate question: 'Why are they selling the existing site / facilities?' Link to comment Share on other sites More sharing options...
TSF Posted May 12, 2017 Share Posted May 12, 2017 Does anyone remember when they were upstairs on Silom? First time I got a visa for a TG to go to Oz was in 1979 at the old Embassy on Silom. The visa was free and took 30 minutes to issue, from memory there wasn't any time restrictions on it either, we extended it a couple times OK in Perth. Link to comment Share on other sites More sharing options...
Saan Posted May 12, 2017 Share Posted May 12, 2017 A great location but an ugly building. It was also difficult for anyone with mobility issues to make their way from the gate to the building. Link to comment Share on other sites More sharing options...
scorecard Posted May 12, 2017 Share Posted May 12, 2017 24 minutes ago, Saan said: A great location but an ugly building. It was also difficult for anyone with mobility issues to make their way from the gate to the building. They do have a wheelchair available free at the security gate, i've used it. And lifts within the main building. Link to comment Share on other sites More sharing options...
whaleboneman Posted May 12, 2017 Share Posted May 12, 2017 3 hours ago, scorecard said: Brings the ultimate question: 'Why are they selling the existing site / facilities?' Well, according to the very short article: "The site covering 7 rai, 382 square wah (11,295.5 square metres) has been put up for sale on a freehold basis by the Australian Department of Foreign Affairs and Trade as the embassy will soon relocate to its new premises near Lumpini Park." Link to comment Share on other sites More sharing options...
Cadbury Posted May 12, 2017 Share Posted May 12, 2017 4 hours ago, scorecard said: Brings the ultimate question: 'Why are they selling the existing site / facilities?' Easy to answer that one. They need the money to maintain the budget on pollies travel and perks expenses. Link to comment Share on other sites More sharing options...
KhunBENQ Posted May 12, 2017 Share Posted May 12, 2017 Actually I have nothing to do with it, but I am relieved that others too find this new embassy stone ugly Must have been a "star architect" . But be assured, worse is possible Swiss embassy Berlin, expansion building: ("star architect" of course) Link to comment Share on other sites More sharing options...
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