Commercial real estate is a type of real estate that is used exclusively for business-related purposes, as opposed to residential real estate. The majority of commercial real estate relies on rent to generate income. This sort of property includes anything from small shops to supermarkets.
Commercial real estate comes in a variety of forms. It can be anything from hotels, supermarkets, office buildings, wholesale or retail, mixed-use buildings, and apartment buildings
Why are investors interested in commercial real estate projects?
On the other hand, the benefits of rent and income stability. Commercial real estate investments are highly profitable, mostly from rents, and rents are higher than residential properties.
Profits from commercial real estate are consistent and may rise more if the property is profitable. One of the reasons for your income is that long-term commercial real estate leases may run from 3 to 10 years, as opposed to a 6-month to 1-year real estate lease.
Cambodia now has a thriving real estate business, particularly in Phnom Penh and Sihanoukville. The majority of foreign investments in Cambodia are in the building industry, which includes both commercial and residential development. Real estate investment is increasing, and commercial real estate is being combined with residential buildings to give investors and customers with advantages and convenience.
In recent years, we have seen commercial buildings appearing in Phnom Penh, such as Prince International Plaza, and The Peak.
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