One Bangkok signs a new office leasing contract with Baker McKenzie, marking the first 'Green Lease' pioneering model in Thailand

Tuesday 10 October 2023 16:31
Mr. Panote Sirivadhanabhakdi, Group Chief Executive Officer of Frasers Property Limited, a developer of One Bangkok has signed a new office leasing contract with Mr. Wynn Pakdeejit, Managing Partner, and Mr. Sorachon Boonsong, Partner at Baker McKenzie Ltd. Baker McKenzie, recognised as the world's strongest law firm with 74 offices in 45 countries, is proud to underscore its unwavering commitment to sustainability and environmental responsibility. They will occupy a substantial space of approximately 10,000 sqm of Office Tower 4 at One Bangkok. Baker McKenzie is poised to utilise these new offices to conduct its business with an emphasis on the environment and sustainability, thereby pioneering the first-ever "Green Lease" contract in Thailand.
One Bangkok signs a new office leasing contract with Baker McKenzie, marking the first 'Green Lease' pioneering model in Thailand

The pioneering leasing model marks an important step in uplifting office leasing practices by allowing landlords and tenants to jointly set clear sustainability goals as part of the conditions of their contracts along with guidelines toward sustainable practices in line with positive social and environmental impacts from the stage of design all the way to construction and operations.

One Bangkok and Baker McKenzie share the same vision of reducing environmental impacts and strive to achieve net zero greenhouse gas emissions while creating an indoor environment that promotes the well-being of all occupants. With sustainability in mind, Baker McKenzie has decided to sign a green lease, determined to design its office spaces for energy and water efficiency, implement efforts to reduce landfill waste and select decorative materials that are friendly to people and the environment alike, in accordance with LEED and WELL certifications.

The objectives are to improve energy and environmental management efficiency for enhanced well-being of all office users and increase employee satisfaction for improved productivity and performance. Baker McKenzie's office decorations will be completed with a move-in schedule for the 4th quarter of 2024.

One Bangkok is committed to developing office buildings that incorporate state-of-the-art technology and promote the quality of life for working people with a wide range of amenities for convenience. It is the first real estate development in Thailand to receive the Platinum WiredScore certification, affirming its technological excellence with the most advanced digital connectivity and smart systems, as well as developed to meet the requirements of LEED for Neighborhood Development Platinum certification and WELL Building Standard to support human health and wellness. The project is set to receive a Smart Score Platinum certification, owning to its office cluster equipped with best-in-class digital connectivity and sustainable smart city living services. All these ensure a superior experience for building occupants, while providing tenants with optimal energy efficiency and future value.

One Bangkok consists of five premium office buildings with a total net leasable area of over 500,000 square meters. Office Tower 4 will be the first building to be launched in the first quarter of 2024. KPF, a leading international architecture firm with extensive experience in designing modern high-rise buildings with unique aesthetics, has joined forces as a design consultant for the creation of Tower 4 and its interior decor, as well as creating a pleasant indoor environment to meet the diverse needs of tenants for a superior employee experience.

One Bangkok sits at the corner of Wireless Road and Rama IV Road, directly connecting to the MRT Blue Line's Lumphini Station, with 6 access points around One Bangkok and a direct link to the expressway. The project recently won the 'Best Office Development' at the 17th Property Guru Thailand Property Awards.

Source: Ogilvy

One Bangkok signs a new office leasing contract with Baker McKenzie, marking the first 'Green Lease' pioneering model in Thailand