Google has dispatched Cloud Bigtable, an adaptable, completely oversaw NoSQL database administration accessible through the open-source Apache HBase API. 

Google Cloud Bigtable is an endeavor centered NoSQL administration for high-volume information ingestion, examination and information substantial serving workloads. The administration incorporates a locally coordinated open-source interface for Hadoop imported to existing HBase groups alongside imitated stockpiling and end-to-end information encryption. As indicated by Google, the administration elements single-digit millisecond inactivity. 

The NoSQL administration is accessible as a beta discharge, and more data can be found on the Google Cloud Platform blog. 

Advancement and Telerik declare NativeScript 1.0.0, item upgrades 

Telerik and its parent organization Progress Software reported a few item and open-source upgrades, including the 1.0.0 arrival of the NativeScript structure at the TelerikNEXT meeting in Boston. 

NativeScript 1.0.0 is shipping with code tests, determination particular perspectives and new UI controls, alongside enhanced investigating and Android application burden times. The organizations additionally declared they're working with Google on incorporating NativeScript with Angular 2. 

Telerik additionally reported Telerik Screen Builder, an amazing failure code development offering inside Telerik AppBuilder, and uncovered arrangements to open-source the JustDecompile motor for .NET get together skimming and decompilation. 

More data can be found here. 

Social business application income anticipated that would hit $37 billion by 2019 

IT research firm 451 Research has discharged its new Market Monitor and Forecast study, anticipating that social business application income will increment by more than 2.5x in the following five years to hit US$37 billion by 2019. 

0507.sdt-news-social 

Separated into four subcategories (promoting mechanization, social networking checking and administration, endeavor cooperation/social, and Web experience administration), 451 Research accepts end clients and ventures will keep on utilizing social business applications. 

The gauge is accessible here. 

Google to uncover Android M at Google I/O 

Google informally affirmed it will divulge the following rendition of Android, codenamed 'Android M' at Google I/O on May 28. Google distributed a reference to Android M in the meeting calendar with a session on Android for Work, which was immediately evacuated.

Phnom Penh’s retail market continues to benefit from new international entrants, with food and beverage, fashion, accessories and cosmetics retailers driving demand for both shopping centre and high-street retail space. Q2, 2015 sees Aeon Mall, the country’s first international shopping centre, mark one year of operations. Whilst a number of retail groups have sought to reposition their brands within the centre, Aeon has maintained a commitment rate of 100% since launching at the end of Q2, 2014.

Although minimal retail supply is set to come on-stream over the course of 2015, with only the retail podium at Sokha Hotel delivering 1,020 sqm of leasable space in Q1, 2015, supply over coming 3 years is set to increase significantly, from to 214,520 sq.m to 455,348 sq.m by end of 2017, representing an overall rise of 112.26%. The growth in supply can be attributed to the delivery of new shopping complexes, such as the Parkson’s Phnom Penh City Cente, due to contribute 57,000 sq.m in Q2, 2016, and the rise in large-scale, predominantly residential schemes with plans to incorporate notable retail components, such as Oxley’s ‘The Bridge’, due to deliver 24,000 sq.m of retail space by Q4, 2017.

Demand for prominent high-street retail space on Phnom Penh’s key boulevards continues to expand, driven by both international retailers and more established domestic groups. Sihanouk Boulevard, as of Q2, 2015, enjoys minimal vacancy, typically commanding rents of between 20-30 USD per sq.m.

QUALITY RETAIL SUPPLY SET TO INCREASE THROUGH TO 2017

Retail supply in the capital is set to rise significantly by the end of 2017, driven by a combination of new international shopping complexes, such as Parkson’s Phnom Penh City Centre, delivering 57,000 sq.m in Q2, 2016 and Lion City, the second project by the Malaysian developer, set to deliver a further 61,000 sq.m of retail space over the course of 2017, in addition to Hongkong Land’s Exchange Square, supplying 13,000 sq.m of retail space in Q1, 2017.

CENTRALLY LOCATED RETAIL SPACE ENJOYING HEALTHY DEMAND FROM OCCUPIERS

Vacancy rates within Phnom Penh’s centrally located, purpose built retail centres remains comparatively low, at 22% as of Q2, 2015, with Aeon’s high-occupancy level reducing the overall vacancy rate amongst shopping mall’s from approximately 25% prior to its launch in Q2, 2014. Whilst a number of retail complexes, delivered in secondary locations, continue to struggle to attract retailers, centrally located retail centers are benefiting from high levels of occupier demand.

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CBRE Launches Blueprint

June 16, 2015

At CBRE, we believe real estate sits at the heart of how people work, live and thrive. Blueprint is an online magazine where the intellectual capital and institutional knowledge that lives within CBRE is shared with the global business community through an array of engaging, thought-provoking and illuminating content.

On Blueprint, you’ll find stories informed by urbanists, academics and big thinkers around the world. Our stories are unified by business ideas that transcend commercial real estate and examine the built environment’s potential and power to impact businesses, cities and people—told through the lens of commercial real estate.

Whether you’re an industry professional, an urban enthusiast, a member of the general business community or even just a curious reader, we believe our stories will inspire you to look at the world of real estate from a new perspective.

To find out more about Blueprint, please follow the link below:

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Phnom Penh Condominium Market , CBRE Cambodia Market View in December 2014

January 20, 2015

PHNOM PENH CONDOMINIUM SECTOR SEES RISE IN RESALE VALUES

                                                                                

Introduction

 The condominium market in Phnom Penh  continues to expand, with early investors in centrally located developments enjoying capital gains of up to 30% from early off-plan purchases.

Development activity of high-end condominiums looks set to continue in prime residential locations, with developers also looking to offer luxury projects outside of core residential districts.

CBRE has continued to witness strong interest from the wider Asia Pacific region, with increasing investment from Singaporean, Japanese, Hong Kong and Chinese residents. Although the comparatively high yield guaranteed by a number of leading developers is appealing to oversees purchasers, the main driver remains anticipated capital growth.

Currently, there are 35 Condominium projects in Phnom Penh, including both finished projects and developments currently under construction.

Q1, 2015 will see the sales launch and groundbreaking of Sovann Condominium, a 104 unit luxury development on Mao Tse Tong Boulevard,  BKK1. Sky Villa Tower, comprising 254 units across two towers, is due to start construction by Olympic Stadium on Sihanouk Boulevard, with completion set for 2017.

Supply

Phnom Penh is experiencing a significant increase in supply, with De Castle Royal delivering 414 condominium units in Q3, 2014 and with Galaxy Residence having delivered a further 44 units in Q4, 2014.

Overall supply in Phnom Penh is due to increase by 533.75% by the end of 2018, driven by large-scale new projects such as D.I. Riviera and Olympia City, both currently under development by OCIC.

Sales

Sales of condominiums in Phnom Penh have traditionally been heavily marred by publicised failures of developments that have been sold off-plan and then subsequently ceased construction. Due to the successful completion of key new projects, such as De Castle Royal, this trend has clearly come to an end as confidence grows amongst domestic and international purchasers.

Early purchasers of off-plan condominiums, in successful schemes, have achieved healthy capital appreciation over the past year, with those who purchased in 2008 being in a position to resell for a premium of up to 30% over the course of 2014.

Achieved prices for high-quality  condominium units range from $1,500 – $3,000 USD per sq.m in central areas of Phnom Penh. The Bridge, which is due to deliver a 762 condominium units, accounts for the upper figure.

Demand

Demand for condominiums is anticipated to increase and be met by supply over the course of 2015 through to 2016. The introduction of high quality projects in central locations will offer prospective investors an opportunity to acquire products that focus on the needs of a heavily expatriate driven area of the Phnom Penh residential market, as foreign nationals continue to require exclusive and up market accommodation in prime locations. Demand is also increasing from an ever more affluent domestic population, which is due to account for a notable proportion of purchasers over the coming years. Domestic demand is a key element of a successful condominium project, due to foreign ownership of an individual building being restricted by law at 70%.

Overview

Q1 2015 will see the launch of Sovann Condominium, a 104 unit luxury development located on Mao Tse Tong Blvd, BKK1, in addition to that of Sky Villa Tower, set to launch a further 254 units by Olympic Stadium.

The Q4, 2014 launch of Bhumi Emerald Condominium is set to deliver 47 luxury units located in the Toul Tompong area. The development will be set over 24 floors and is due to come on-stream in 2017.

Q3, 2014 saw the successful completion of De Castle Royal, which has set a new benchmark for quality in the market, further adding strength to the ever-growing sector. Comprising a total of 414 units, the project has been key in rebuilding confidence in the  off-plan sales market.

CBRE note that a number of individuals, in addition to established developers, are making considerations towards the construction of further condominium developments. Whilst the majority remain focused on prime, central residential locations, it is likely that development activity will increase in secondary locations over the course of 2015.

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CB Richard Ellis is the largest investment property agent in the world. We are able to draw on 20 years of local experience, property research and contacts in Cambodia, and the network of CB Richard Ellis offices in 52 countries worldwide. Our global perspective benefits a wide range of clients from private local investors to major overseas institutions.

We use our experience and skills in deal-making and delivery to create transparent and ethical investment strategies that ensure our clients maximize their returns.

CBRE Worldwide Offices

1. Cambodia Property Investment Locations
CB Richard Ellis is located in Phnom Penh and operates all over Cambodia including Siem Reap, Sihanoukville, Kampot and Kep as well as the islands located off Cambodia’s coastline.

Our permanent presence in Cambodia gives us the best market information and widest range of real estate investment opportunities and prices for all sectors; from grade A office developments in Phnom Penh to resort site and island opportunities on the south coast and other tourist destinations.

2. Cambodia’s Property Investment Opportunities
We advise clients on the acquisition and disposal of a wide range of investment land and property opportunities, throughout the key locations in Thailand. The types of property we handle are listed below:

• Land
• Offices
• Serviced apartments, apartments and condominiums
• Warehouses, factories and industrial units
• Shophouses
• Hotels and resorts
• Golf courses
• Joint venture transactions

A number of the instructions we receive are confidential and it is not appropriate for them to be advertised on our website. For specific requirements for large scale transactions, please contact us.

The Property Management team provides a wide range of services to owners, occupiers and investors for all types of property in Phnom Penh, Siem Reap, Sihanoukville, Kep and other major resorts in Cambodia.

Our team provides property management services for offices, condominiums, apartments, shopping centres, housing estates and villa developments. Our property services include:

Phnom Penh
The team provides property management services to owners of office, condominium, apartment, housing, retail and industrial properties.

The team provides property management services to owners and investors of resort villa, condominium and apartment properties.

The team also provides a range of services for villa owners including cleaning, maintenance, linen and laundry services.

Property Management Scope of Services

• Property Engineering & Preventative maintenance
• Accounting & financial reporting
• Human resources, recruitment & training of Property Management staff
• Value enhancement
• Energy management of office, condominium, apartment and villa
• Safety programmes
• Security & cleaning management of all the real estates
• Consultancy services including design, advice & property management audits
• Advice on compliance with the condominium act
• Private villa management services for individual owners

Research Services provides information and analysis of economic, capital and real estate sector conditions and trends. The Company’s own extensive database, market knowledge and expertise provide the most reliable, updated and comprehensive assessments of the Cambodian property market available.

Our research team is closely linked to the agency team in Cambodia, providing it with an unsurpassed wealth of knowledge on the key factors influencing the local market. In addition to data gleaned from the largest volume of transactions in the Cambodian market, our research team also conducts its own field surveys, which are then combined with the latest secondary data from governmental and private agencies to create overall market studies used by our clients to predict future trends and model their behavior accordingly.

Key real estate decisions have been made by leading financial institutions, property developers and operators, private owners, equity partners, property funds and investors, based on the market intelligence and statistics highlighted by CBRE Cambodia Research Services.

In addition to our market-leading coverage of breaking news and defining trends in the Cambodian property sector, CBRE Research Services collects data and publishes research across various sectors from regional and global markets.

Office Finding Service For Occupiers

Download the Cambodia Office Leasing Guide.

We are offering an new office finding service for tenants in Phnom Penh.  Although Cambodia is a business-friendly country, international companies wishing to establish a new office in Phnom Penh can find the experience daunting and time-consuming for the following reasons:

• Most buildings are still marketed in-house by the landlord instead of external property agents.  This means new occupiers are not always aware of the full array of office buildings available in Phnom Penh, some of which can represent very good value for money for cost-sensitive occupiers.
• Not everything is transparent e.g. landlord’s quoted floor areas can include a proportion the common parts, meaning occupiers are confused as to what is the useable office floor area.
• There are many additional occupational costs to consider aside from the rent and service charge, which are not always explained clearly to the tenant until it is too late.

CBRE has acted for a number of international companies when sourcing new office space.  We act solely for the occupier and guide them through the entire process from locating the office to the lease signing to the office fit-out.  In particular, we can:

• Gather all salient information for a range of office buildings including: pictures  together with the floor plans, rent, service charge, electricity cost, air-conditioning details etc.
• Cambodia would show you around a short-list of 3 office buildings for you to inspect;
• We provide an excel spreadsheet comparing your preferred 3 buildings to help you make a decision.
• We then carry out the inevitably time-consuming negotiations on your behalf;
• We would liaise with the Landlord, his lawyers and your lawyers/fit-out contractors to ensure the transaction proceeds smoothly.

In short, we seek to remove a large part of the hassle of sourcing new offices in Cambodia particularly if no company representative is based permanently yet in Phnom Penh.

Some of our recent office occupier clients include:

When you require timely and accurate appraisals and valuation reports on Cambodian property, you need a dependable and responsive service. CB Richard Ellis’ qualified valuers are certified by the Royal Institution of Chartered Surveyors and have extensive experience in providing valuation services for all types of real estate throughout Asia. Valuation services are provided by calling upon specialist knowledge from our Thailand, Vietnam, Hong Kong and Singapore offices.

1.A Valuation of Commercial Properties – Offices and Retail Centres
CB Richard Ellis has extensive experience in the office and retail/shopping sector. This gives us the most current, up-to-date and accurate market knowledge for the valuation of all types of commercial property. With direct access to sales and rental data from our agency teams, we have the most up-to-date database enabling our valuers to provide you with an opinion on the open market value of all types of commercial real estate.

2. Property Portfolio Valuations
Our valuation team is highly organized and experienced in carrying out property portfolio valuations of multiple properties.

3. Residential Property Valuations
CB Richard Ellis is frequently assigned to undertake valuations of apartment buildings, condominium developments and housing projects.

4. Hotel and Resort Valuations
Accurate valuation in the resort and hospitality sector requires specialist knowledge. CB Richard Ellis has carried out hotel valuations in Phnom Penh and Siem Reap for a number of years. Our excellent knowledge of the most up-to-date hotel and resort transaction data enables us to deliver timely and accurate property valuations.

5. Industrial Property ValuationsIndustrial factories and warehouse buildings have numerous variations and specifications, affecting their value, both for existing use and for disposal.
Our work provides us with a detailed knowledge of industrial property types, specifications and market demand, enabling CB Richard Ellis to provide you with accurate and detailed valuations of all types of industrial property as well as serviced industrial land plots.

6. Land Appraisals
We routinely value undeveloped or raw land, including large sites for commercial development and small vacant land plots. Our approach varies and, in locations where there is good potential for a commercial real estate development project, we may value by direct comparison or use a residual valuation approach.

7. Specialist PropertyReal estate development is not limited to commercial, residential and industrial properties and our experienced valuers also conduct valuations of golf courses, hospitals, airports, entertainment complexes, agricultural land and infrastructure, etc.