The new entity combines two of Myanmar’s most experienced real estate professionals, Tony Picon and Stuart Deed, to create a property consultancy that analyses the market in a forward-looking, enterprising direction. 

“We are proud to open Picon-Deed Property Consultants at Sakura Tower and look forward to serving our clients with market reports, custom consultancy services and leasing representation,” said Mr Picon. 

“We have a positive, long-term view of the market and things are happening across the board: there are condos being completed, people finally have access to credit and are buying their own homes, the Grade A office towers are filling up, there is still strong demand for new retail offerings and factories are being built that will employ thousands of people and propel the economy,” he said. 

Mr Picon said the consultancy has already established an extensive database of market information in order to prepare reports that would help its local and foreign clients make better-informed decisions. 

Mr Deed said the partnership had arrived at an opportune moment. “In many ways this is an exciting time. Developers, including some foreign companies, are bringing projects to market and dramatically improving standards within the industry. This offers people much better places to live and do business,” said Mr Deed. 

“Myanmar is moving forward with the recent opening up of the insurance and banking markets, which we expect will spur activity within the market,” he added. 

“Tony and I have an excellent understand of the Myanmar market and look forward to bringing further insight to the sector’s inner workings.” Mr Picon began covering Myanmar in 2011, when he wrote and produced the first Yangon Office Report for Colliers International, a global commercial real estate services organisation. He later established Colliers in Myanmar and managed its rapid growth until 2018. 

Mr Deed founded Myanmar Real Estate in 2011 after working as the Myanmar Times’ business and property editor since 2007. Myanmar Real Estate is a brokerage that provides office, industrial and residential leasing services. 

For more information or to discuss the Yangon property market phone or email Tony Picon or Stuart Deed via the contact details below

Source: Picon Deed