Where do asset management occupiers lease office space in Phnom Penh?

Most cluster in Daun Penh. Rent runs ~264 USD/sqft ($25 USD) for trophy and prime stock.

What fit-out spec do asset management occupiers run in Phnom Penh?

Typically trophy at $165–240/sqft.

How much office space per seat should a asset management occupier plan in Phnom Penh?

Plan ~230 sqft per seat blended. A 100-person team typically takes 23,000 sqft.

What NAICS codes describe the asset management vertical?

Representative NAICS 2022 codes: 523930, 523920.

What is the talent index in Phnom Penh?

60/100. Use the city profile for full detail.

Asset management occupiers in Phnom Penh typically cluster in Daun Penh, plan ~230 sqft per seat at trophy fit-out ($165–240/sqft), and pay around 264 USD/sqft ($25 USD) on Class A.

Preferred submarket: Daun Penh.
Typical fit-out spec: Trophy ($165–240/sqft).
Plan ~230 sqft per seat for headcount sizing.
Class A rent context: 264 USD/sqft ($25 USD).
Typical lease: 3 years with 6 months rent-free.
Talent depth in Phnom Penh: 60/100.

Asset management office space in Phnom Penh

Asset management occupiers in Phnom Penh typically cluster in Daun Penh, plan ~230 sqft per seat at trophy fit-out">fit-out ($165–240/sqft), and pay around 264 USD/sqft ($25 USD) on Class A.

TL;DR

Preferred submarket: Daun Penh.
Typical fit-out spec: Trophy ($165–240/sqft).
Plan ~230 sqft per seat for headcount sizing.
Class A rent context: 264 USD/sqft ($25 USD).
Typical lease: 3 years with 6 months rent-free.
Talent depth in Phnom Penh: 60/100.

Where they cluster

Asset management occupiers in Phnom Penh typically anchor in Daun Penh. Banking, government, embassies, hospitality.

What they pay

Class A rent in Phnom Penh runs 264 USD/sqft ($25 USD) on a 3-year lease with 6 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical asset management fit-out targets trophy specification at $165–240/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 230 sqft per seat blended (workstation + circulation + amenity). A 100-headcount asset mgmt office in Phnom Penh typically targets 23,000 sqft of leasable area.

Talent angle

Portfolio teams cluster around private-banking corridors; family-office tenancy keeps boutique trophy stock tight. Emerging finance, BPO, garment, and services talent. Royal University of Phnom Penh, Institute of Technology of Cambodia, and ACLEDA Institute anchor the local pipeline. Multilingual (Khmer, English, Chinese, French) talent supports FDI tenancy.

Tax and lease context

Headline corporate tax: 20%. Cambodian gross structure (rent inclusive of management fees). Rents typically quoted in USD/sqm/month. 3-5 year terms standard. Rent-free of 4-8 months on 3-year terms plus USD 100-300/sqm TI typical.

Key facts

city	Phnom Penh
industry	Asset management
naics	523930, 523920
preferredSubmarket	Daun Penh
preferredFitoutSpec	Trophy
fitoutBand	$165–240/sqft
sqftPerSeat	230
classARentLocal	264 USD/sqft/yr
classARentUsd	$25/sqft/yr
vacancyPct	22.4%
typicalLeaseYears	3
typicalRentFreeMonths	6
talentIndex	60
corporateTaxPct	20%

Frequently asked questions

Where do asset management occupiers lease office space in Phnom Penh?: Most cluster in Daun Penh. Rent runs ~264 USD/sqft ($25 USD) for trophy and prime stock.
What fit-out spec do asset management occupiers run in Phnom Penh?: Typically trophy at $165–240/sqft.
How much office space per seat should a asset management occupier plan in Phnom Penh?: Plan ~230 sqft per seat blended. A 100-person team typically takes 23,000 sqft.
What NAICS codes describe the asset management vertical?: Representative NAICS 2022 codes: 523930, 523920.
What is the talent index in Phnom Penh?: 60/100. Use the city profile for full detail.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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