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ខ្មែរ Property Focus
Sihanoukville to Be a Sister City in China
- 16 November 2017
Chengtu governor of Sichuan province in China has scheduled for signing MOU over Sister City with Sihnoukville governor in the near future. According to Cambodian Ministry of Tourism announced early this month. …….(The full text coming soon)…..
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The Different Forms of Rent Applicable to Commercial Leases in Cambodia
- 15 November 2017
The commercial real estate market has growth significantly in recent years with the development of various commercial premises and the introduction or planned introduction of many international brands such as Shangri-La, Rosewood Hotels, Nike, Starbucks, Krispy Kreme, and Carl’s Jr. In this respect, it should be mentioned that there is no specific regulations covering commercial leases in Cambo...
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MLMUPC Warn to Buy Lands From Allotment Companies While Lawless Constitutes
- 13 November 2017
Phnom Penh:... (Sorry, text coming soon)
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Singapore Tower Sold for Usd1.5bn
- 13 November 2017
A transaction between two of the largest players in Asian real estate has seen Asia Square Tower 2 has been sold in Singapore for around USD1.5 billion, the second largest sale of an office building ever in the city-state. CapitaLand Commercial Trust agreed to buy Asia Square Tower 2 BlackRock Inc.’s from Blackrock in a deal which was funded by a rights issue of about USD513 million and bank bo...
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Siem Reap’s Largest Mall to Open in 2018
- 13 November 2017
Siem Reap’s largest mall and entertainment centre is set to open on a 1-hectare site in the centre of the city in 2018. The Heritage Walk is 40,000 square metre multi-storey development located on National Road No.6 that will feature covered and open-air retail space with 100 shops, restaurants, coffee shops and a cinema. The facility is expected to become a popular tourist attraction with loca...
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Nation’s Biggest Sez Set to Expand
- 13 November 2017
The Sihanoukville Special Economic Zone (SSEZ) is set to double in size over the next five years and attract 300 new tenants. Established in 2008, the facility is the nation’s largest SEZ occupying 1,100 hectares close to the nation’s only deepwater seaport. A Chinese-Cambodian joint venture, SSEZ has become a key part of the cooperation between the two nations on China’s One Belt, One Road ini...
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How to Choose an Office Space
- 13 November 2017
When looking to lease new office space, a company should make sure that it really serves the needs of the company in terms of convenience, financials, utilities provided for clients and staff, and most importantly, their branding and corporate image. Some of the guidelines when choosing a new office such as the traveling time during rush hour by car etc. would determine which building fits the ...
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Thai-based Makro Supermarket to Open Nine Branches
- 13 November 2017
Thai-based Makro supermarket has announced it intends to open nine new branches in Cambodia following the opening of its first wholesale outlet later this year. After breaking ground in late May 2017, Makro is currently constructing a two-storey 10,000-square-metre wholesale warehouse supermarket on a 5-hectare plot in Beong Pung Peay city in Phnom Penh’s Sen Sok district in the northwest of th...
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The Power of the Court to Review the Rental Amount and Its Risk for Landlords and Tenants
- 13 November 2017
During the term of a lease, both the landlord and tenant have a right to request for the court to review the rental amount if one of them considers that the circumstances have changed justifying an increase or decrease in the amount. We will see (i) that giving this power to the court may constitute a risk for the parties and (ii) that other options can be put in place for reviewing the rent in or...
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Customized, Quality Concreting Solutions With a Globally-known Brand
- 13 November 2017
With the construction industry seeing dramatic growth around the globe, SCHWING Stetter is introducing innovative, advanced technology concrete construction equipment to solve concreting challenges. Incorporated in June 1998, and commencing manufacturing operations in 1999, SCHWING Stetter India, is a 100 percent subsidiary of the Schwing Group of companies Germany. SCHWING Stetter is a pion...
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