Which segment will take over the office pipeline in the new decade?
MarketCountry-wide, Grade A office is gradually leaving the stage to Grade B and flexible workspace. Nonetheless, the premium segment still retains its high occupancy and rent considering stable demand from foreigners
Tougher market for office for lease in coming time
MarketDelays to approvals for new office developments, along with proposed land price hikes, are unsettling the prospects for the Ho Chi Minh City office segment heading into the next decade.
Technology surpassed flexible workspace as the dominator the market
MarketIn the future, Technology and Flexible Workspace will continue to dominate office demand thanks to the boom in new start-ups and the thriving of technology industry of Vietnam in recent years, according to CBRE's report.
Vietnam office market: Co-working space is in the driving seat
MarketCo-working is no longer a model attracting only start-ups or SMEs as established corporations are switching to this model due to the flexibility offered, according to a Savills report.
Investors racing to rethink flexible space
InvestmentWith flexible workspace in the spotlight as never before, there’s a growing urgency to identify which models work best.
Challenging times ahead for office occupiers
MarketTenants should expect higher rents or be prepared to negotiate strongly or decentralize. Many lease expiries will need to accept rent increases, according to Savills’ report.
Hanoi office market in 3Q/2019: Total stock hits 2M sq.m
MarketThe supply came largely from Grade B which is located in both central business district (CBD) and non CBD.
Solid demand continues to drive office rent upward
MarketEven though the office market is favoring landlords and demand is forecasted to stay positive, more supply expected to launch coupled with global economic uncertainty may affect unpredictably and turn the market around.
Hanoi office and retail investors looking West
MarketAccording to CBRE Vietnam, the Hanoi office and retail market both post a positive performance in the second quarter of 2019, as investors heading towards the West of the city.
Saigon office market remains steady growth in H1
MarketWith some increases in rental prices and areas, the Ho Chi Minh City’s office market continued to see stable growth in the first half of 2019, experts said.
