Phnom Penh, December 6th, 2023
A strategic partnership agreement is signed between Tanichu Assetment, Japanese real estate developer, and Prestige Consulting, Cambodia’s investment advisory firm, with the main objective of boosting Cambodia’s real estate sector through bringing in foreign investments into Cambodia’s real estate sector.
“We believe that this partnership will create significant value for both parties, for the local economy and the real estate sector,” said Mr. Shunji Tani, CEO of Tanichu Assetment.
Tanichu Assetment is a leading Japanese real estate developer in luxury condominiums with successful projects, such as include J-City, J Tower 1, J-Tower 2. Tanichu’s J-Tower. 3 will be the tallest multipurpose tower in Cambodia upon completion.
He continued, “We believe that our proven track records of high-quality developments in prime locations in Phnom Penh will attract more international investors looking for
profitable and sustainable returns through Prestige’s extensive expertise and foreign
investors network.”
“We aim to help foreign investors strategize for optimal returns and protect their interests through facilitating their investments into legitimate real estate development projects with strong credentials, such as the projects led by Tanichu Assetment,” said Mrs. Jolyda Sou,
Managing Director of Prestige Consulting, a private consulting firm specializing in financial management and investment advisory. This strategic partnership comes at a time when Cambodia’s government is taking steps
to boost its economy despite a current slowdown. Prime Minister Hun Manet has recently issued several directives to create favorable conditions for foreign investment in properties.
Tanichu Assetment and Prestige Consulting are working closely to leverage their expertise to enhance Cambodia’s real estate and condominium market and boosting Cambodia’s economy.
