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Phnom Penh’s Retail Spaces Remain Empty

Phnom Penh’s Retail Spaces Remain Empty

by Teuvo Tuomi | Oct 18, 2024 | Cambodia, Business, Economy, News, Retailing

According to CBRE Cambodia, at the end of Q3, total retail space in Phnom Penh stood at nearly 770,000 sqm, while the average occupancy rate for the quarter stood at 58.3%, a slight decline compared to Q2’s 58.7%. The slump has continued since 2019. During the...

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