» » » VinaCapital appoints Cushman & Wakefield to sell Metroplex office building

VNRE - International property consultant, Cushman & Wakefield have been formally instructed by Vina Capital Real Estate, Vietnam’s largest real estate developer to sell Metroplex a new Grade A LEED certified office building totaling 14,000 NET sqm over 9 floors, strategically located in the heart of Phu My Hung’s CBD.

The development site of regular shape is located off Nguyen Luong Bang Boulevard, one of the main arterial road links through Phu My Hung. Vina Capital is seeking a buyer for the whole building, but will also consider selling individual floors. Construction will complete within 18 months of the building’s pre sale, or alternatively when 40% of all floors the have been sold.

Metroplex will consist of 9 floors, offering flexible and efficient floor plate’s of up to 1,400 sqm which will appeal to a wide variety of occupiers. The building will be constructed to LEED (Silver) certification representing new standards in environmental and efficient design never seen before in Vietnam.

Robert Johnston, Associate Director of Cushman & Wakefield says “in recent years there has been a significant increase in office occupiers relocating from the District 1 & 3 to Phu My Hung to benefit from lower occupancy costs, reduced traffic congestion and the wealth of amenities which Phu My Hung has to offer. Key examples of this trend include Unilever and Manulife who have relocated their headquarters to Phu My Hung during the last 3 years”.

Matthew Koziora Director of Sales and Marketing at Vina Capital say’s “Metroplex will offer new standards of quality in the Phu My Hung office market. In addition to the opportunity for potential investors to buy the building, Metroplex offers occupiers the chance to own their office, which is common in major cities across the region, but relatively uncommon in Vietnam’.

The site is located within a stone’s throw from key landmarks including the Parkson Department store, Saigon Exhibition and Convention Center and the Crescent Mall.

For further information, please contact:

Robert Johnston | Cushman & Wakefield Vietnam
M: 097 385 6111
Email: robert.johnston@ap.cushwake.com

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