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...
by Teuvo Tuomi | May 21, 2024 | Business, Economy, News, Vietnam
Vietnam’s retail real estate market is thriving with occupancy rates above 90% in major shopping centers, according to a report from the Vietnam Association of Realtors (VARS). In 2022, it was estimated that total retail sales and consumer service revenue reached...
