Commercial real estate is booming in Myanmar’s capital city of Yangon as foreign companies respond to economic and political reforms by setting up shop in the Southeast Asian nation.
Top-end office spaces in the city are commanding rents higher than anywhere in Asia with the exception of Beijing, Shanghai and Tokyo, and numerous skyscrapers are in development to meet the rapidly increasing demand.
For years, Yangon’s buildings remained stunted compared to cities in more prosperous...
Did You Know?
The name Myanmar is derived from the local name Myanma Naingngandaw, which is a name used by the governent which is currently in power there. While the real meaning of the name is not clear, it is interesting to note... ... More