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Vingroup & CBRE sign strategic agreement

Released at: 17:11, 29/05/2015

Vingroup & CBRE sign strategic agreement

CBRE to assist in developing retail space at Vincom Landmark 81.

by Thu Hoang

Vingroup and CBRE have signed a strategic cooperation agreement on consulting and developing the Vincom Landmark 81 shopping center in Ho Chi Minh City.

CBRE will provide consulting packages relating to the shopping center’s design and marketing with the goal of making it become the most luxurious, high-class shopping destination in Vietnam.

Experts from CBRE in Asia and globally along with those in Vietnam will conduct market research to understand the development needs of local and international retailers and Vietnamese consumers’ tastes, as well to strengthen the operation and business of the shopping center.

CBRE will also take part in consulting the overall design of the shopping center as well as each single space, to provide optimal and efficient retail spaces. It will also take advantage of its international real estate consultancy to attract international retailers and famous brands to the shopping center.  

On a floor area of 55,000 sq m, the shopping center is a part of what will be Vietnam’s highest building, Landmark 81, which is to become a new symbol of Ho Chi Minh City once completed. The shopping center is expected to open on the same day as the building: December 24, 2017.

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