Investment Rating - The report does not explicitly provide an investment rating for the office market in Bangkok Core Insights - Bangkok's total office supply increased to 6.314 million sq m, marking a 3.1% annual growth, with green-certified office space reaching approximately 2.1 million sq m, representing 33% of the total supply [4][10][33] - Net absorption for Q1 2025 was 31,000 sq m, leading to a 1% increase in total occupied space to 4.89 million sq m, driven primarily by demand for green buildings [6][16][33] - The overall occupancy rate improved by 0.5 percentage points to 77.5%, with Grade A buildings showing the strongest recovery [21][33] - Average asking rent increased by 0.3% quarter-on-quarter to THB 845 per sq m per month, with Grade A rents reaching a new high of THB 1,248 [24][33] Supply Overview - Total office supply in Bangkok rose to 6.314 million sq m, with over 800,000 sq m currently under construction [4][5][10] - The future supply pipeline is projected to add 1.1 million sq m, with 524,000 sq m expected to enter the market in 2025 [14][34] Demand Dynamics - Leasing activity remained positive, with net absorption of 31,000 sq m, while green buildings recorded a net absorption of 51,000 sq m [16][33] - Demand in the Central Business District (CBD) remained strong, with 35,000 sq m of net absorption, while non-CBD areas saw a slight contraction [16][32] Market Segmentation - The overall market occupancy rate rose to 77.5%, with Grade A buildings experiencing a 2.1 percentage point increase [21][33] - Grade B buildings had an occupancy rate of 76%, while Grade C buildings remained steady at 80% [21] Rental Trends - The average asking rent across all grades increased, with Grade C leading the quarterly growth at 0.4% [24][26] - The CBD office market saw a moderate rental increase, with average asking rents rising to THB 966 per sq m per month [27][31] Future Outlook - 2025 is anticipated to be a pivotal year for Bangkok's office market, with significant new supply entering the market [34] - Rising competition will challenge all asset classes, particularly for aging buildings that may need upgrades to meet tenant expectations [34][35]

As filed with the U.S. Securities and Exchange Commission on October 20, 2023. No. 333-273429 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 4 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 INNO HOLDINGS INC. (Exact name of registrant as specified in its charter) __________________________ | Texas | 3317 | 87-4294543 | | --- | --- | --- | | (State or Other Jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer | | Incorporation or Organi ...

As filed with the U.S. Securities and Exchange Commission on October 4, 2023. No. 333-273429 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 3 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 INNO HOLDINGS INC. (Exact name of registrant as specified in its charter) __________________________ | Texas | 3317 | 87-4294543 | | --- | --- | --- | | (State or Other Jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer | | Incorporation or Organiz ...

As filed with the U.S. Securities and Exchange Commission on September 13, 2023. AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 INNO HOLDINGS INC. (Exact name of registrant as specified in its charter) __________________________ | Texas | 3317 | 87-4294543 | | --- | --- | --- | | (State or Other Jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer | | Incorporation or Organization) | Classification Code Number) | Identification No.) | 2465 Farm Market 359 So ...