Investment banking occupiers in Phnom Penh typically cluster in Daun Penh, plan ~215 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 ~215 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.

TL;DR

• Preferred submarket: Daun Penh.
• Typical fit-out spec: Trophy ($165–240/sqft).
• Plan ~215 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

Investment banking 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 investment banking 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 215 sqft per seat blended (workstation + circulation + amenity). A 100-headcount banking office in Phnom Penh typically targets 21,500 sqft of leasable area.

Talent angle

Bulge-bracket teams favor signature trophy assets with full client-facing programming and large floor plates. 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

Frequently asked questions

Where do investment banking 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 investment banking occupiers run in Phnom Penh?

Typically trophy at $165–240/sqft.

How much office space per seat should a investment banking occupier plan in Phnom Penh?

Plan ~215 sqft per seat blended. A 100-person team typically takes 21,500 sqft.

What NAICS codes describe the investment banking vertical?

Representative NAICS 2022 codes: 523150, 522110.

What is the talent index in Phnom Penh?

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

Related

• Investment banking — global overview
• Phnom Penh — full city profile
• Financial services in Phnom Penh
• Asset management in Phnom Penh
• Legal services in Phnom Penh
• Big tech in Phnom Penh

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

Full sources index · Submit a correction

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