In the first half of 2024, Phnom Penh's commercial markets have faced a downturn, as reported by global property consultant CBRE. Both the office and retail sectors experienced declines in rent and occupancy rates in H1 of 2024. Prime office rents fell to $27.0 per square meter, with an occupancy rate of 61.8%, while prime retail rents decreased to $22.1 per square meter, with a 58.7% occupancy rate. The...