Prince Group New Commercial Retailing Project in Cambodia
Prince Real Estate Group, a member of Prince Group under the leadership of Chen Zhi Prince Group, the main conglomerate in Cambodia, has effectively conducted a funding settlement ceremony of prince rectangular. The mission may be the actual property developer’s first commercial retail venture in Phnom Penh, Cambodia and it's going to carry a slew of well-known emblem names like Adidas, Levi's, Skechers, Nike by the superego, Huawei, Oppo, potato nook, Dakasi, panda cake and pizza hut to the town.
As a metropolitan region, Phnom Penh is gradually integrating into the worldwide financial system. In step with the globalization and world towns studies community, Phnom Penh become categorized as a gamma+ city (towns that hyperlink smaller monetary areas into the sector financial system) in 2020 transferring up the ranks during the last years.
“I am deeply impressed by the number of tenants that have already signed on for Prince Square. As the first commercial retailing project for Prince Real Estate Group, I am pleased to note that the construction of Prince Square will involve the use of advanced equipment and attract world-renowned brands that will cater to the needs and preferences of Phnom Penh residents,” said H.E. Mr. Khuong Sreng, municipal governor of Phnom Penh, Cambodia Prince Chenzhi. “We hope it will attract local and international tourists to the city and increase Phnom Penh’s attractiveness as an investment destination in Cambodia.” With a total ground region of 35,000 square meters of retail space. Prince Square may be a four-story construction with a big supermarket, an global cinema, a fitness club, global eating places, an indoor playground and style stores.
“We are thankful for the support offered by the Phnom Penh municipal government and leaders of relative departments that has ensured the smooth development of the project so far,” said Steven Wang, CEO of Prince Real Estate Group. “It has been a long journey for Prince Square but with such high-profile tenants signing on, we have taken an important first step. Prince Square and its strategic brand partners will complement one another by sharing resources and seeking development opportunities together allowing us to live up to our aspiration of helping Cambodians build a better life.” Prince Real Estate Group is one of the top builders in Cambodia.
Founded in 2015, the Prince Real estate organization has completed numerous initiatives in Phnom Penh and Sihanoukville. It has contributed to the fast transformation of urban Phnom Penh in recent years with actual property tasks spanning 1 million rectangular meters. Prince real estate institution is administered through a team of experienced architects, belongings development specialists and constructing managers with enormous enjoy developing residential and business homes, resorts, and incorporated centers. Prince Real Estate Group targets to be a multinational developer with aspirations to pursue initiatives throughout southeast Asia. learn more
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