UK Condo takes over Borey 999 projects

One of Cambodia’s leading condominium developers, UK Condo, has recently taken over all shares in Borey 999 projects and pledged to finish the previously postponed projects.

On 09 March 2019, Meanchey International Investment (MII) entered into an agreement to transfer all shares of its Borey 999 project to UK condo Real Estate Co.,Ltd.

“We took over all the shares of Project 999 [Borey 999]. The reason is that we as UK Condo now can guarantee that we will finish all units and provide the highest service to the customers,” said Mr Alex Evengroen Group CEO and Representative of UK Condo.

Mr Evengroen added that after taking over all the shares, he pledges to run Borey 999 projects to the same standard as UK Condo.

“It will have a super positive impact on the market as we now move on as one happy family with great service, high quality, attractive prices and flexible payment options for all,” he explained.

UK Condo now holds 10 condominium projects with the company claiming that it had so far sold about 4,000 condos.

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