Adapting to Change: Trends, Strategies and Opportunities for Cambodia’s Real Estate Developers & Landlords
- Andrew Millar
- Sep 12, 2024
- 2 min read
Updated: Nov 27, 2025
CBRE Cambodia
Report Description
12th September 2024 (PDF, 45 pages)
This guide from CBRE Cambodia examines how Cambodia’s real estate developers and landlords are adapting to shifting market conditions, highlighting the major macroeconomic signals, sectoral trends and evolving investor expectations that are shaping decision-making in 2024.
Summary
The report assesses market sentiment across office, retail, residential, industrial and hospitality sectors, identifying the drivers influencing demand, pricing and development strategies. It also highlights competitive regional dynamics and the impact of changing buyer and occupier behaviours on long-term planning:
Macroeconomic indicators show GDP growth at 5.8% and improving tourism inflows supporting medium-term demand.
Office markets are adjusting to weaker demand in some regional comparators, while developers in Cambodia focus on tenant retention incentives.
Retail performance remains mixed, with luxury and F&B under pressure but strong momentum in pop-up formats and beauty segments.
Industrial and logistics sectors continue to strengthen, supported by new warehousing requirements and expansion near infrastructure projects.
Residential demand is concentrated in affordable to mid-range units, with rising enquiries and more flexible payment terms offered by developers.
Hospitality markets benefit from long-holiday domestic demand and growing condotel activity, influencing supply dynamics.
Investor sentiment shows a shift towards institutional-grade assets and modern logistics facilities, reflecting evolving regional competition.
About the Adapting to Change Report
The Adapting to Change series explores how Cambodia’s real estate landscape responds to economic shifts, demographic trends and evolving investor behaviour.
Each edition highlights sector-specific risks and opportunities, helping organisations anticipate market movements and refine their development strategies. The series supports both new entrants and established players seeking to adapt effectively in a rapidly changing environment.
About CBRE Cambodia
CBRE Cambodia is a leading commercial real estate advisory firm providing research, valuation and strategic consulting services to investors, developers and corporate clients.
The organisation delivers market intelligence across all major property sectors, offering insights that support informed investment and development decisions.
Its analysis is widely used as a benchmark for understanding market performance and emerging opportunities in Cambodia.
Organization Website: cbre.com.kh