APAC Logistics & Industrial Capability Statement

TRACK RECORD

C.STEINWEG

COHERENT

Location

Dong Nai Province

Location

Hai Phong Province

Service

Tenant Representation

Service

Disposal Service on Land & Warehouse

Date

2023

Date

2022

Size

Approx. GFA 538,000 SF (factory)

Size

Over 1,600,000 SF

Cushman & Wakefield assisted a client in expanding and consolidating their subsidiary business to a single location, which resulted in the largest lease transaction of Q4 2023. The team played a crucial role in negotiating for long rent free incentive, which added to the cost savings for the client. We also successfully secured better commercial terms compared to market standard that favorable to the client and met their needs.

Cushman & Wakefield was appointed to be C.Steinweg’s exclusive advisor and agent that would present a sound divestment strategy. Our team provided pre-market advice to the client from day one of the project to ensure the asset was packaged cleanly for sale off-market, assisting the client to divest of an under-utilized facility by selling to an investor with partial leaseback at the best possible price, achieving the best market yield (lowest cap rate) recorded in Vietnam to date for an industrial real estate asset.

DOAN CHUONG Senior Manager, Logistics & Industrial, Vietnam

HUY PHUNG Senior Leasing Executive, Logistics & Industrial, Vietnam

TRANG BUI Country Head, Vietnam

CONTACTS

HAO NGUYEN Leasing Executive, Logistics & Industrial, Vietnam

Cushman & Wakefield

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