CBRE Cambodia Appointed Sole Leasing Agent and Property Manager of Sathapana Tower.
CBRE Cambodia is pleased to announce being instructed as the Sole Leasing Agent and Property Manager of Sathapana Tower, an under construction Grade A office building on Norodom Blvd., Daun Penh District, Phnom Penh. The property has been developed by MARUHAN Group, the parent company of Sathapana Bank, one of Cambodia’s largest and most prominent financial institutions. The signing ceremony took place on April 14th, at Sathapana Bank’s head-quarters office on Norodom Blvd.
Aimed to be positoned as the choice for premier office spaces in Phnom Penh, Sathapana Tower will be only the third Grade A office building to be completed in Phnom Penh. Sathapana Tower will add a total of 17,951sqm of space across 19 storeys, plus four floors of basement car parking. The property has an attractive, modern design incorporating an efficient glass façade, which will add a fresh look to the prime corner plot on the city’s prominent Norodom Boulevard.
Sathapana Tower is located 1km north of Independence Monument, on the corner of Norodom Blvd., and Streets 172 and 174, at the heart of Phnom Penh’s Central Business District and the prime financial district of the city. Sathapana Bank will occupy approximately 70% of the building as their new head quarters, with the remaining space to be leased. The remaining 6,000 sqm of office space will be available to let via CBRE and is already receiving interest from international and local companies alike.
1. Project Name: Sathapana Tower
2. Address: Norodom Blvd., Khan Daun Penh, Phnom Penh, Cambodia
3. Total Leasable Area: 17,951sqm
4. Project Scale: 19 Storeys
6 Passenger Elevators
1 Service Elevator
2 Emergency Staircases
4 Basement Car Parking Floors
5. Typical Floorplate: 1,150sqm
For leasing inquiries, contact the Sathapana Tower hotline number: +855 61 22 55 83
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