CBRE Cambodia logo

Residential

Residential Project Marketing

Commercial

Hun Sen Seeks $500M More in Chinese Loans

Phnom Penh Post, 15th February reported that just days after the government signed off on a new strategy aimed at limiting the level of publish debte, Prime Minister Hun Sen announced that the Cambodian Government would apply to the Export-Import Bank of China for $500 million in additional loans for seven new infrastructure projects. The announcement comes

More Detail

Premier Pushes Skyscrapers

The Phnom Penh Post reported on Friday the 10th of February, 21012, that Prime Minister Hun Sen has promised an accolade to the builder of Cambodia’s next sky scraper.  Premier Hun Sen downplayed contention surrounding disputes on the construction of tall buildings near the Kingdom’s monuments and commented at the opening of the new Ministry of Land Management, Urban

More Detail

Growth in Shipments through Phnom Penh Port

New data obtained by the Phnom Penh Post shows that the number of shipments through the Phnom Penh Autonomous Port (PPAP) has increased by more than 28% in the first 11 months of 2011. This figure surpasses the figure set by the government for the whole of 2011, with the target set at 73,000 shipping

More Detail

Cambodian Banks and International Rating

Bankers say ‘Profits are up, loan portfolios are growing at a fast tick and non-performing loans are shrinking’ Moody’s, and Standard and Poor’s, two rating agencies recently downgraded two of Cambodia’s major banks, Acleda Bank and Canadia despite increased performance of both the banks from 2010 in relation to their loan portfolio sizes and the

More Detail

Mekong Gardens Party Coming Soon

The new serviced apartment and condominium complex will be hosting its launch party at Mekong Gardens on the 25th of November.  Details of the event to follow

Property Tax

The Ministry of Economy and Finance will begin appealing to property owners to pay their taxes after too few property owners registered for tax payment by the original September 30th deadline said Mey Vann the Ministry’s Finance Director.  The Ministry is to launch a media campaign to educate property owners and the Ministry has vowed

More Detail

CBRE Cambodia at the 2011 IBC Conference – Cambodian Real Estate Session

The International Business Chamber (IBC) conference took place last week (11th -12th October) creating a buzz around Phnom Penh and attracting a whole host of international and national companies.  The mood was very upbeat with a palpable air of optimism expressed between national and international guests and speakers alike.  IBC ‘break-out’ sessions covered a wide

More Detail

A home in Cambodia

The Wall Street Journal discovers John Vink‘s new home in Kep: Cool in Cambodia

CBRE appointed sole leasing agents for the Vattanac Capital Development

CB Richard Ellis has been appointed as sole leasing agents for Vattanac Capital Development, a mixed-use project situated in the heart of Phnom Penh’s burgeoning Central Business District. This landmark development will become Cambodia’s new financial centre having been designed by world renowned architects, TFP Farrells and constructed to British/Hong Kong standards by POSCO E&C.

More Detail

Angkor Wat becoming busier

Visitors to Angkor Wat increased by 26% in the first 3 months of 2011 compared to the same time last year marking a continued recovery of the Cambodian tourism industry. 442,000 visitors arrived from Jan-March which is the largest increase since the global economic crisis.

Exports Increase 49%

A Cambodia Daily report noted that exports from Cambodia increased 49% to $720m in the first 2 months of 2011. Garment exports make up 81% of Cambodia’s exports which as a proportion of total exports is down from 87% in 2010. A good sign that the export market is diversifying. Garment exports to Europe increased

More Detail

Cambodian tourism increases by 16%

Tourism Rebounds Strongly Visitors to the Angkor Wat temple complex in Siem Reap Cambodia increased 35% in January, as reported by the Cambodia Daily this morning. The total number of visitors to the temples in 2010 was 1.15million. In 2010 the total number of tourists arriving in Cambodia increased by 16% to 2.5million. Arrivals by

More Detail

Exports Rise 26 Percent in first 10 months of 2010

Cambodia exported 26 percent more in the first 10 months of 2010 than in the same period in 2009, and 4.7 percent more than in the same period in 2008, according to Commerce Ministry figures released yesterday. The statistics show that total exports through October this year reached $2.8 billion, with garments making up about

More Detail

Increase Trade at S’ville Port Points to Recovery

Goods traded at Sihanouk Ville Autonomous Port this year increase 17 percent in the first 11 month to about 2 million tons, compared to the same period last year, according to figures released by port officials yesterday. Lou Kimchhun, director of the port, said the increase came predominantly from processed wood and agricultural products and

More Detail

Increase Trade at S'ville Port Points to Recovery

Goods traded at Sihanouk Ville Autonomous Port this year increase 17 percent in the first 11 month to about 2 million tons, compared to the same period last year, according to figures released by port officials yesterday. Lou Kimchhun, director of the port, said the increase came predominantly from processed wood and agricultural products and

More Detail

Housing projects on rise in capital

The value of Phnom Penh housing investments approved by the government from January to October has risen more than 10 percent, compared to the same period of last year. Period Construction Project Amount(million) Jan-Oct 2009 249 US$ 179 Jan-Oct 2010 250 US$ 197 * Based on the figures released by the Ministry of Land Management,

More Detail

Vietnam-Cambodia trade on the upswing

Bilateral trade between Cambodia and Vietnam surged by 36 percent in the first nine months of this year, as both governments attempt to reach a US$2 billion trade target by year end. The value of trade between the two neighbours hit $1.287 billion from January to September, up on the $946 million in last year’s

More Detail

France Telecom eyes market

France Telecom SA may direct some of its up to US$9.45 billion war chest for emerging-market expansion to Southeast Asia- including Cambodia- as the company’s historic turf in Africa becomes more crowded. Europe’s third-largest phone company may look to expand in Vietnam, Cambodia or Laos. Aline Perrette, deputy commercial counselor at the French embassy in

More Detail

Malaysian bank CIMB launches today

A Fourth Malaysia bank CIMB- is set to launch in Cambodia today, bringing the number of banks operating in the Kingdom to 29. The new entry demonstrated the soundness and strength of Cambodia’s financial sector. In Channy, president and CEO of ACLEDA Bank, welcomed the investment, stating this emphasizes the trust in the Cambodian banking

More Detail

Cargo Levels Up 46 Percent At Phnom Penh Port

The expansion of Vietnam’s Cai Mep port has been key in driving an increase in the total volume of cargo moving through Phnom Penh Autonomous Port (PPAP) in the first 10 months of the year. It also provided an opportunity for PPAP to attract more business from companies wanting to transport goods efficiently through Vietnam

More Detail