De Castle Royal launches leaseback program
In a first for Phnom Penh, South Korean condominium developer Nury D&C has teamed up with SBI Royal Securities to offer condominium buyers a leaseback arrangement on the remaining condo-miniums and condo-minium blocks for sale at De Castle Royal. The 32-storey De Castle Royal has a total of 414 condominium units. According to Nury D&C, a total of 90 per cent have been sold so far, with construction slated for completion in the coming months of this year. Senior associate of SBI’s Corporate Finance Division, Leng Vandy, says that the leaseback program will bring positive financial benefits to buyers who take advantage of the arrangement. …
Post Staff
http://www.phnompenhpost.com/real-estate/de-castle-royal-launches-leaseback-program
