CapitaLand unit to manage mall in Oxley's The Peak in Phnom Penh
CapitaLand Retail will oversee asset planning, pre-opening and retail management
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[Singapore] DEVELOPER CapitaLand, through its wholly-owned shopping mall business CapitaLand Retail, has signed an agreement to manage a mall in Cambodia's capital, Phnom Penh.
The mall is the retail component of The Peak, an upcoming high-end integrated development majority owned by Singapore-based developer Oxley and Cambodian company Worldbridge Land.
The Peak, located the Chamkarmon district in central Phnom Penh, is a 55-storey freehold integrated development which houses an office tower, the country's first Shangri-La Hotel, two luxury residential towers with 1,014 apartment units and the mall, which will open in 2020.
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