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Colliers Property Report : Yangon Retail 3Q2018

SUMMARY & RECOMMENDATIONS As at the end of Q3 2018, citywide occupancy level remains at a healthy state, however a slight decline was observed following the recent flight to quality for some tenants. Given the strong development pipeline for 2019, along with the changing demographics such as the increasing young population, Colliers encourages both developers […]

Rents ‘Surge’ as Retailers Lease Shop Space in Yangon at ‘Unprecedented’ Levels

The retail rental sector in Yangon had an impres­sive run in the first few months of this year as the amount of occupied shop space reached “unprec­edented levels” and rents grew at the fastest rate re­corded to date, real estate analysts have said. Occupancy rates hit 94.6 percent in the first three months of 2017, […]