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Kempinski rides the hotel boom in Yangon

After unveiling its first Myanmar property in Nay Pyi Taw, Berlin-based Kempinski Hotels will build up its presence in Yangon in the next few years. According to an announcement by Thailand’s Siam Commercial Bank (SCB), a US$60 million financial support was granted for the renovation of an old building in Yangon into the Kempinski Hotel. […]

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Office Market in Yangon 2014

Research & Forecast Report Yangon | Office Market 1Q 2014 Yangon prime office rents, highest in the region Developers continue the process of trying to absorb anticipated demand as the country opens up to more inbound investment. To date, Yangon’s office stock is at 112,000 sq m, with over 230,000 sq m of new projects in the pipeline, scheduled to be completed from 2014 to 2018. Meanwhile, requirements for office space continues, backed by new requirements and expansion plans … [Read More...]

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