WARNING TO :LA real estate agency heads to Cambodia
Thursday, 08 October 2009 15:00 JACOB GOLD THE untapped potential of Cambodia’s property sector has encouraged CB Richard Ellis (CBRE) to push ahead and create a permanent presence in the country, CBRE Cambodia Director Daniel Parkes said Wednesday ahead of the official opening of its new office. The Los Angeles-based real estate services company had previously handled work in the Cambodian market out of its Vietnam office. Marc Townsend, CBRE’s managing director for Vietnam, acknowledged that the sector had been hit by a slump that has seen new transactions all but disappear in the past couple of years, but said ongoing development of property assets by local players was an encouraging sign. “We’re seeing a movement away from dependency on foreign companies,” he said. “If you look at the tallest and the second-tallest buildings in Phnom Penh, they belong to Cambodian companies,” he said, referring to the new headquarters of Canadia Bank and Cambodia Public Bank. Parkes said there was still a range of profitable opportunities across the country, singling out the infrastructure sector as one that was particularly underexploited. “Pricing [for infrastructure] is very interesting. Relatively cheaply, a group of investors could buy a strategic infrastructure site in Cambodia that would still be active in 50 years,” he said. Townsend said CBRE was also taking a strong interest in Cambodia’s seaside resorts. He said similar development on Vietnam’s central coast could provide builders here with models for success. “At Nam Hai, they built one resort, an exceptional resort, and suddenly everyone was talking about China Beach. Now there are 40 or 50 hotels coming up there,” he said. “Someone’s going to have to do something very special in Kep or Sihanoukville and make that the benchmark.” CBRE is also banking on the pace of Cambodia’s development and its young demographic translating into a new, fast-growing market for retail properties. “Kids want the same thing in Cambodia as anywhere else,” said Townsend. “Malling is still in its infancy.” He added that retail outlets targeting young customers tend to pursue aggressive strategies in Asian countries. “When I got to Vietnam, there were six KFCs. Now there are 65,” Townsend said. “Shoppers here don’t just want one store, they want many outlets around the city. If it doesn’t have 20 stores, it’s not successful.” The HUN SEN'S VIETNAMESE Family Tree: One big happy family in Cambodia Hun Sen and his wife VIETNAMESE Bun Rany (seated) during the wedding of one of their children. http://www.atimes.com/atimes/Southeast_Asia/IC20Ae03.html20 March 2007AsiaFinest.comBy Bertil Lintner HUN SEN'S VIETNAMESE MINISTERS. 1. Acting as "Cambodia" Minister of Foreign Affairs , Hor Nam Hong has sent a Vietnamese woman, in the name Mme You Aiy , as "Cambodian" Ambassador to Thailand, not to protect Cambodian National interests, but to spy on all Cambodian in Thailand and the Khmers in Surin, Boreiram,Si Saket as well... 2. Chan Sarun( VIETNAMESE ) 3.THIS VIETNAMESE WEARING THE LABEL "CAMBODIAN" Khieu Kanharith, the minister of Information, during a press conference held on 04 January 2009. KHIEU KANHARITH , A VIETNAMESE WEARING THE LABEL"CAMBODIAN" 4. HUN SEN'S VIETNAMESE CPP/MP Chiem Yeap Radio Free Asia By San Suwit 5th March, 2009 Reported in English by Khmerization Mr. Cheam Yeap(vietnamese ) (pictured), MP from the ruling Cambodian People's Party (CPP), 5. HUN SEN'S VIETNAMESE AT INTERPOLE 6.HUN SEN'S VIETNAMESE WIFE FAMILIES WORKING AT 400 GARMENT FACTORIES ( 300 000 ILLEGAL VIETNAMESE WOMEN AS WORKERS ,STEALING 300 000 WORKERS JOBS FROM THE CAMBODIAN WOMEN IN CAMBODIA HERE ) Female garment factory workers protest slashed wages at a factory in Takhmao in January. (Photo by: TRACEY SHELTON) Female workers(OVER 90% ARE ILLEGAL VIETNAMESE WOMEN SETTLERS) protesting a wage cut at a Takhmao factory in January. (Photo by: TRACEY SHELTON) WHAT RIGHTS DO THESE VIETNAMESE INVADERS HAVE TO RUN CAMBODIA IN VIOLATION OF THE 10 UN RESOLUTION? SOLUTIONS? VIETNAM INVASION & OCCUPATION OF CAMBODIA IS CONDEMNED: Oct. 21, 1986 The UN General Assembly adopted a resolution A/RES/41/6, by vote of 116-21 with 13 abstentions, calling for a withdrawal of Vietnamese forces from Cambodia. Again Vietnam, has not respected the 10 UN resolutions calling Vietnam to cease her occupation of Cambodia and remove all her troops from the country. America too, she sees the Vietnamese leaders as liars expressed in this statement made by the US President Reagan. US president Reagan calls Vietnam to restore Cambodia Independence . President Reagan's address to the 43d Session of the United Nations General Assembly in New York, New York,September 26, 1988. "Mr. Secretary-General, there are new hopes for Cambodia, a nation whose freedom and independence we seek just as avidly as we sought the freedom and independence of Afghanistan. We urge the rapid removal of all Vietnamese troops ...." ALL THE VIETNAMESE INVADERS, AND ILLEGAL VIETNAMESE SETTLERS, MUST RETURN HOME, TO VIETNAM, AND RESPECT THE 10 UN RESOLUTIONS. Bury _________________________________________________________________ Hotmail: Trusted email with powerful SPAM protection. http://clk.atdmt.com/GBL/go/177141665/direct/01/ --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Cambodia Discussion (CAMDISC) - www.cambodia.org" group. This is an unmoderated forum. Please refrain from using foul language. Thank you for your understanding. Peace among us and in Cambodia. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/camdisc Learn more - http://www.cambodia.org -~----------~----~----~----~------~----~------~--~---
