Cushman & Wakefield lands exclusive CMC Creative Space deal

Jun 12th at 07:57
12-06-2025 07:57:26+07:00

Cushman & Wakefield lands exclusive CMC Creative Space deal

Cushman & Wakefield became the exclusive leasing and marketing agent for the CMC Creative Space on June 11. The office building is located in District 7, Ho Chi Minh City.

The CMC Creative Space is a modern building with a total area of 30,000 square metres, which has been operational since the third quarter of last year. Featuring a cutting-edge design and modern amenities, the 12-story building offers large floor plates of up to 1,600 sq.m each, along with a spacious parking area. Located within Tan Thuan Export Processing Zone, the building is fully equipped with modern conveniences and offers excellent connectivity to the city centre.

Cushman & Wakefield lands exclusive CMC Creative Space deal

CMC Creative Space office building, District 7, Ho Chi Minh City

CMC Creative Space has been recognised as a 'green' building that incorporates 4.0 digital technologies, providing a sustainable and efficient working environment.

Le Thanh Son, executive vice president of CMC Corporation, said that partnering with Cushman & Wakefield was a significant step forward in his development strategy.

"We believe that the synergy between CMC Creative Space Hochiminh and Cushman & Wakefield will create exceptional value for our clients and partners," said Son.

Bui Trang, country head of Cushman & Wakefield Vietnam, said that according to data from the first quarter of 2025, the citywide office occupancy rate is already over 89 per cent.

"Consequently, tenants are facing significant challenges in finding high-quality, cost-effective office buildings like CMC Creative Space. With its large floor plates and proximity to the CMC Tan Thuan Data Centre, the building is highly suitable for establishing global capability centres for multinational corporations, research and development centres, innovation hubs, and other IT-related operations," said Trang.

The office market in Ho Chi Minh City is experiencing strong growth with a continuous increase in new supply.

The city is expected to welcome an additional 165,000 sq.m of new office space this year from projects in the central business district and beyond. Areas such as District 7 and Thu Thiem New Urban Area are emerging as the city's new financial and commercial hubs, attracting numerous businesses in the manufacturing, IT, retail, finance, and healthcare sectors.

CMC is one of the leaders in homegrown cloud computing with its CMC Cloud platform and the Tan Thuan Data Centre, Vietnam's most modern data centre, which has achieved international certifications such as Uptime Tier III, TVRA, and PCI DSS.

The group is investing heavily in a chain of domestic and international hyperscale data centres to meet the AI transformation needs of businesses and organisations.

CMC's C.OpenAI AI ecosystem, featuring 25 core technologies developed by CMC engineers, aims to solve major challenges in management, operations, and socioeconomic development.

Five flagship products have been featured on the Ministry of Science and Technology's Resolution 57 portal, including AI Legal Assistant CLS, CMC Cloud, CIVAMS solution, C-Notary e-notary software, and C-Contract e-contract solution.

CMC has also undertaken two national mandates: developing the top Vietnamese-native cloud computing platform, CMC Cloud, and deploying the CLS Virtual Assistant to assist in reviewing legal document conflicts. The group aims to become a global, billion-dollar digital transformation and AI corporation with over 10,000 employees by 2028.

VIR

- 17:20 11/06/2025



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