Before covid19 crisis, investors and portfolio property owners were focused on how to improved returns. “Now, that conversation with investors has shifted to one of, how are we as investors protecting the health of our occupants within our portfolio?” That is a big shift. Given the rise of distributed workforces in response to the COVID-19 […]
PHALKUN COMMERCIAL Committed to Fulfill the Cambodia CRE Gab in Different Ways
Cambodia enjoys steady economic growth at 7% of Gross Domestic Product (GDP) for 3 consecutive years from 2016 until 2018 and 2019 is slightly decrease at 6.8%. The largest group of population is at between 16 years old to 35 years old. This aged group is called millennials whose were born between 1980s to late […]
The growth of co-working spaces in the office market
By: Eric Wong Chon Lap For most occupiers in the Phnom Penh office market, the typical way of leasing office premises is a traditional lease with options to renew and the tenant fitting out the space. Multinational firms and new local startup firms, however, are increasingly looking for flexible lease terms as real estate costs […]