Cambodia Real Estate News
Cambodia
Global Commercial Investment Returns with a Vengeance in 2021
According to global property consultant CBRE, with vaccinations ramping up and economies reopening worldwide, global commercial real estate investment volume grew by 98% year-over-year to $260.4 billion in Q2 2021.
Asia Pacific Real Estate Being Targeted by Offshore Investors
According to CBRE's latest In and Out Report, offshore property investors have upped the ante in the Asia Pacific region, accounting for 41% of the $15.6 billion (USD) in office, retail, industrial and hotel property transactions finalised in H1 of 2021.
Asia Pacific Hotel Transactions in First Half of 2021 Hits $3.7 Billion
Asia Pacific hotel investment remained flat in the first half of 2021 with $3.7 billion in sales, a decline of 3.7% year-on-year. In total, 61 hotel investment deals were transacted in the first half of the year across nine countries and representing over 10,000 rooms.
Asia Pacific Commercial Property Markets Slowly Rebounding Post Covid
According to CBRE's latest MarketView and Investment Trends research, the commencement of COVID-19 vaccination programs and an improving economic outlook contributed to a steady increase in commercial property leasing and capital markets activity in Asia Pacific in Q1 2021.
