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Logo of Phnom Penh Post newspaper Phnom Penh Post - Businesses occupying Canadia Tower double

Businesses occupying Canadia Tower double

PHNOM Penh’s tallest building, Canadia Tower has doubled its office occupancy in a month, jumping from 30 percent to 60 percent in July, after securing both national and international commercial tenants.

The 32-storey tower has signed at least five businesses for tenancy, doubling occupancy recorded at June 30 by the National Valuers Association, according to the property and asset management unit of Canadia Tower in Mega Asset Management Co (MAM).

“Our clients have come from international and national companies such as Cambodia, UK, Switzerland, Japan, the US, Australia and China,” MAM property officer Pen Phyrun said yesterday.

New tenants included the Sojitz Cooperation from Japan, UK-based construction consultant Selling Project Management, UK-based accounting firm ACCA, French phone supplier Alcatel, and Swiss company Shecindle, he said.

Big ticket tenants still expected to sign this year include d the Bank of China representative office and the Cambodian Stock Exchange, he said.

“We have already reserved space for the stock market office. Now, we are still in negotiations,” he said.

“We hope that we can rent out the rest of the space by the end of the year.

“We can provide customers with an exclusive location and top-class services – these are our selling points.”

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