Logistics and Industrial Services - Global Catalogue

SPOTLIGHT VIETNAM

First Build-to-Suit in Vietnam 32,500 sqm

Cushman & Wakefield Vietnam represented Nestlé in the selection of bidders for a built-to- suit distribution center in Southern Vietnam. The building would total 32,500 sqm GFA and incorporate the highest building quality worldwide to ensure the best distribution center in Vietnam. This was the first successful build-to-suit transaction in Vietnam. SOLUTIONS • Delivered an overview of the Southern Vietnam warehouse market • Analyzed existing building options and build-to-suit opportunities • Completed a competitive qualitative and quantitative analysis • Negotiated lease terms RESULTS • Sourced an optimum site in Southern Vietnam • Engineered a transaction with below-market rents that also offered Nestle flexibility in the short- and long-term in terms of growth or exit strategies

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