Colliers Property Report – Yangon Retail Q2 2017

Retail Market Faces Bright Future Yangon’s retail scene is undergoing modern transformation. Foreign F&B brands, new technologies, and upbeat designs are defining the trend, and the consumers are strongly embracing these new experiences. Colliers sees a shift towards trendier concepts and that a wider variety of product offerings will be essential for retail developments going […]

MIC: No plan to reduce initial lease premium for Dagon City project

Ministries are still holding discussions on where to relocate the terminated Dagon City project, but there is no plan to reduce the initial lease premium for the land, said Aung Naing Oo, the secretary of the Myanmar Investment Commission and director-general of the Directorate of Investments and Company Administration, yesterday. Shwe Taung Development Co Ltd, […]

Commercial buildings to be constructed on military-owned land

Myanmar and Singapore companies are planning to construct commercial buildings on land owned by the Ministry of Defence in Yangon Region. Myanmar Investment Commission (MIC) granted permission on October 2 for Nature Link from Myanmar and Singapore-based Uni Global Power Pte. Ltd. to build under a Build, Operate, and Transfer (BOT) agreement in accord with […]