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Kingdom’s first real estate trust products roll out
Thu, 21 January 2021
Central Trust Co Ltd, a joint venture between Cambodian and Chinese investors with a trustee licence in hand, has launched the first real estate trust products in the Kingdom.
Speaking at the inauguration last week in Phnom Penh, CEO Ling Dong announced five series of products – Funan, Zhenla, Angkor, Khmer and Bayon – which he said represent “five different functions of the company”.
He said: “Investment in the real estate market in Cambodia with its persistent display of potential has compelled companies to pick up real estate as their core, fundamental assets.”