CBRE Hong Kong has released a new report that charts Asian outbound investment in real estate in 2015. Asian outbound investment has seen another record year for 2015, reaching US$62.4 billion.
And the Cambodian real estate market are drawing some of this capital.
Chris Hobden, Manager of Research, Consulting & Valuation Services at CBRE Cambodia notes that, "while 2015 saw a significant increase in allocations of Asian outbound capital beyond the Asia Pacific region, Cambodia has evidently benefited from the growing appetite of both developers and investors, notably from China, Singapore, South Korea and Taiwan, to expand development activity and holdings beyond their respective domestic markets. With sustained GDP growth, attractive returns and the widespread adoption of the US dollar, Cambodia is well placed to attract continued real estate investment from the wider region over the course of 2016."