Hongkong Land has unveiled Exchange Square as the name of its landmark mixed-use development in Phnom Penh, Cambodia.
The initial phase of Exchange Square (pictured) in the centre of Phnom Penh’s emerging financial district, will include a Grade ‘A’ office tower with 17,000 sqm. of office space over 16 levels, and 13,000 sqm. of retail space over a four-level podium.
The project will include 650 car and motorcycle parking spaces, and upon completion, the development is expected to be a new landmark for the city and a catalyst for increasing business and retail activities in the area.
Executive Director of Hongkong Land, Robert Garman, said: “We are proud to be developing Exchange Square, a Grade ‘A’ commercial project in this rapidly emerging city.
“We aim to replicate the same level of service and quality in Phnom Penh as we provide elsewhere, including Marina Bay Financial Centre in Singapore and World Trade Centre in Jakarta.”
Hongkong Land began construction of the development on September 6, 2013, with completion of first phase expected in 2017 and the grand opening thereafter.
Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg
