By  on December 27, 2011

BANGKOK — More than 3 million square feet of new retail space is opening in Bangkok in the next two years, as the luxury brand market expands in the city center and community malls serving the mid-market sprout in the suburbs.

“It’s a retail revolution,” said James Pitchon, executive director of CB Richard Ellis Research & Consulting in Bangkok. “Twenty years ago, Bangkok retailing was just department stores and shop houses. It’s evolving in multiple directions. We’re seeing the death of the shop house.”

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