Overseas Investors Eye Hanoi Office Market

• 6 March 2021
• International News
• 1826 Views

The strong performance of the dynamic Hanoi office market is generating increasing interest among international investors who see great future potential in the Vietnamese capital’s corporate space.

The low number of vacant spaces together with high demand, Vietnam’s impressive record in controlling the COVID-19 pandemic, its strong economy and international interest, particularly from China and the US, have all combined to ensure the capital’s office sector has remained not only stable but one of the most vibrant sectors in the country.

The relative lack of high-quality, Grade A office building has also seen Hanoi attract international investors from Asia including South Korea, Singapore and Japan, strongly encouraged by a surge in profits in the sector with predictions of up to 80%.

With a 94% occupancy rate, strong confidence in the market, and a demand for higher quality offerings the Hanoi office sector looks set to enjoy a significant boom.

Photo Credit: TripSavvy

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