A Change of Guard

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Thursday, 31 March 2011

Vattanac [Bank] starts to tower


Photo by: PHA LINA

Thursday, 31 March 2011
By Soeun Say
Phnom Penh Post

Vattanac Properties yesterday signed a contract with CB Richard Ellis in order to make it the sole leasing agent for Vattanac Tower, a mixed-use development in Phnom Penh. Construction on the 38-storey tower, started in 2009, is expected to be completed in September 2012. A 129,000-square-metre mixture of offices, shops and serviced apartments will be housed at a site on Monivong Boulevard. It will also serve as the head office of Vattanac Bank and Vattanac Capital. Sam Ang Vattanac, executive director for Vattanac Properties, said he was pleased to have CBRE on board.

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