BANGKOK REPORT APRIL 2011

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BANGKOK REPORT CONTENTS Oskar Bistro Bar & restaurant (Bangkok) Park Plaza Hotel (Bangkok ) Sivatel Tower Mixed-used building (Bangkok)

Oskar Bistro Project Overview Oskar Bistro celebrated its grand opening last month. Located on Sukumvit Soi 11, one of Bangkok s most popular entertainment districts, the new venue features an informal café atmosphere with contemporary design furnishings. On the menu of this French-influenced bistro is a selection of casual French fare, American food, salads, homemade soups and entree specials. The owner of Oskar Bistro is Stéphane Dumas-Lebrun, a French entrepreneur and architect from Oxyde Architecture & Design. He previously developed the nese-style Saneh Villas on the tropical island of Koh Lanta (www.sanehvillas.com). Project Details 1. Type of Business: Restaurant and bar 2. Open Date: March 2011 3. Concept: Café, bar and bistro which serves French-influenced cuisine. 4. Location: 24 Sukhumvit Soi 11, Bangkok 5. Target: Local community, expatriates and tourists. 6. Architect and Interior Designer: Oxyde Architecture & Design; http://www.sanehvillas.com/architechture.html 7. Website: www.oskar-bistro.com

Location Map Oskar Bistro is located in bustling Sukhumvit Soi 11 which has a high concentration of nightlife venues like Bed Supperclub, restaurants and hotels.

Entrance to the restaurant. Outdoor signage.

The space is a bit cavernous and features modern furnishings.

The bistro serves both as a restaurant as well as a bar for after-work drinks.

Outdoor seating area for smokers.

Outdoor seating area for smokers.

Park Plaza Project Overview There seems to be a flood of hotels opening in the mid-range sector in Bangkok. Some industry professional contend there s an oversupply of luxury hotels and the current market conditions for mid-range hotels in terms of profit are more favorable. A good example is the Park Plaza hotel which just opened in Sukhumvit with room rates starting as low as US$ 100 per night. The property is the Carlson s second Park Plaza hotel in Bangkok. Each room features free wireless Internet (a pet peeve at many of the internationally branded hotels where guests have to pay for this), and an ipod and iphone multi-port media hub. Other facilities of this 125-room property include private meeting spaces for small-to-medium sized events, a fully equipped business center and complimentary wireless Internet in all public areas. The hotel was designed by the multidisciplinary firm Hassell from Australia who gave the interior a modern, contemporary look blended with traditional Thai-inspired décor features. Project Details 1. Type of Business: Mid-range hotel 2. Open Date: April 2011 3. Concept: Sophisticated, modern hotel that blends contemporary design with traditional Thai-inspired décor. 4. Location: Sukhumvit Soi 18, Bangkok. 5. Target: Corporate and leisure travelers in Bangkok. 6. Number of rooms: 125. 7. Room rate: Starting at 3,000 baht per night (US$ 100) 8. Hotel Group: Global hospitality and travel company Carlson. Carlson encompasses more than 1,085 hotels, including Radisson, Country Inns & Suites By CarlsonSM, Park Inn by Radisson and Park Plaza. The group operates in over 150 countries and its brands employ about 170,000 people. www.carlson.com 9. Architect and Interior Designer: Hassell, www.hassell.com.au 10. Website: www.parkplaza.com

Location Map The Park Plaza is conveniently located in Sukhumvit, Bangkok s entertainment and shopping district, between BTS skytrain stations Nana and Asoke. It s also within walking distance of the Queen Sirikit National Convention Center and the Thai Stock Exchange.

Exterior of the new Park Plaza hotel in Bangkok.

Hotel lobby.

Deluxe Room. The interior design is fresh and contemporary. Traditional Thai-inspired décor features such as wall panels and silk bed runners give the ambiance a local flavor.

Executive Studio Room. Besides complimentary wireless Internet, each room has an ipod and iphone multi-port media hub.

Bathroom of the Executive Studio Suite clean, spacious and practical.

All-day dining restaurant Mezza on the second floor features an interactive show kitchen with different styles of cuisine such as Western grill, local Thai dishes and specialty Mediterranean tapas dishes.

Rooftop pool bar Sway where guests can take in the city sights.

Hotel gym.

Sivatel Tower Project Overview Sivatel Tower is a two-billion-baht (US$ 66.4 million) mixed-use building, developed and managed by the owning company Sivayathorn Co., Ltd. The 32-storey property comprises two zones Podium and Tower and features a 75-key all-suite hotel named Sivatel Bangkok, 10-unit serviced residence named Sivatel Suites, 8-floor office spaces named Sivatel Offices totaling 6,000 square meters, a health club and spa and 5 uniquely-themed restaurants, pubs and bars. Project Details 1. Type of Business: 32-storey mixed-used building with a 5-star hotel as primary business activity. 2. Open Date: March 2011 3. Location: Wireless Road, Bangkok. 4. Concept: Business-class hotel. 5. Target: Corporate and leisure travelers in Bangkok. 6. Number of rooms: 75 guest rooms with 1 or 2 bedrooms, ranging in size between 32-136 sqm. 7. Room rate: Starting at 4,000 baht per night (US$ 135). 8. Developer: Sivayathorn Co., Ltd. 9. Architect and Interior Designer: Palmer & Turner; www.p-t-group.com 10. Website: www.sivatelbangkok.com

Location Map Sivatel Tower commands a prime location on Wittayu (Wireless) Road opposite the British Embassy and next to the Swiss Embassy. It s a 2-minute walk to BTS skytrain station Ploenchit.

The 32-storey Sivatel Tower comprises office space, residential premises for rent and a hotel.

The 64-sqm Regal Suite which comprises one bedroom and a comfortable living area.

Corridor which leads to Eight Spa.

The tranquil spa atmosphere of the Eight Spa is enhanced by great views of the Bangkok skyline.

The changing room. Relax area of Eight Spa.

The exercise area.

The European styled coffee garden Café Jardin transforms into a wine garden at night. Another feature on the recreational 8 th floor include the Infinity Sky pool and bar, The Eight Health Club & Spa and 'The Porch' for casual fine dining restaurant at the pool side.

The Porch fine-dining restaurant.