Average rents at trade centers dropped 8.3 percent in the second quarter, real estate services provider JLL reports.
Seventy per cent of Asia Pacific corporations are willing to pay a rental premium in future to lease sustainability-certified buildings, a recent report by JLL has said.
Despite external factors, industrial real estate in Vietnam still recorded good transactions in the first four months of the year. Paul Fisher, country head in Vietnam for JLL, shares his assessment on the potential of the industrial property sector in attracting large-scale foreign manufacturers.
The supply of industrial property in the South is expected to rise further in the next five years to capitalise on the increasing demand in the region, and further strengthen its leading position in terms of supply, according to JLL Vietnam.
Cold storage might soon become a rising star in the logistic sectors, property market researcher Jones Lang LaSalle (JLL) Vietnam has said.
Vietnam is considered one of JLL’s key growth markets in Southeast Asia.
Global real estate consultancy JLL on October 14 has appointed Paul Fisher as the new country head of Vietnam.
The prices of properties with land in HCM City increased by 15 per cent in the third quarter from the same period of last year due to lack of new supply, according to a report by property consultancy JLL.
Viet Nam’s real estate transparency index this year rose one place to 56th, pushing the country into ‘semi-transparent’ market status for the first time in JLL’s report on biennial Global Real Estate Transparency Index (GRETI) 2020.
Bumped up a notch from “non-transparent” to “semi-transparent”, the Vietnamese real estate market will draw more foreign investment, according to JLL.