Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}
dhl American Efird

STORIES

JYSK–A New Showroom On Nguyen Van Troi With Low Rental Fees

01 The Challenge

DHL eCommerce wanted to set up its first operations hub in Vietnam, and was looking for a warehouse in Ho Chi Minh City from late 2016 to early 2017. During that period, warehouses were still scarce in the area.

DHL's technical requirements for its warehouse included the following:

  • Its floor area needed to be at least 3,000m2.
  • It should have a high ceiling, a reinforced concrete floor, and a standard fire fighting system.
  • It should have enough parking lots, and its location had to be easily accessible to the city, so DHL could cut operation costs.

Cushman & Wakefield Vietnam was engaged to come up with property proposals for DHL.

02 The Solution

Cushman & Wakefield evaluated warehouses in Ho Chi Minh City, focusing on the Northwest. 

From the options, DHL shortlisted a brand-new warehouse in Tan Binh IP's prime area. It is a convenient location, only about a 30-minute drive to the Central Business District. 

After the shortlisting process, our team represented DHL in negotiations with the landlord.

03 The Results

Cushman & Wakefield's proposed warehouse met all of DHL’s requirements for its first hub in Vietnam. 

DHL received competitive rental and renewal terms from the landlord, and enjoyed lease flexibility such as early termination after three years without any penalty. 

On top of these benefits, the landlord also allowed DHL to design the driveways for vans and trucks and use the remaining spaces within the leased lot.

Meet the team

Thuan Nguyen
Thuan Nguyen

Head of Tenant Representation
District 1, Vietnam


+84 909 880 460

Download VCard

Huy Phung
Huy Phung

Senior Leasing Executive
Ba Dinh District, Vietnam


+84 (28) 38237968

Download VCard

Quynh Dang
Quynh Dang

Content Marketing Assistant Manager
District 1, Vietnam


+84 (28) 38237968

Download VCard

WE’RE ON HAND TO HELP

Contact us to discuss how our experience on this project could be translated to your business requirements.

Related Stories

dhl
JYSK • Real Estate
Learn More
Harley-Davidson-storycard
Harley Davidson • Retail
Learn More
The-World-Bank-storycard
The World Bank • Banking & Finance services
Learn More

RELATED SERVICES

Agency Leasing

Are you ready to optimise your commercial property occupancy? Our agency leasing team can help you with maximising rental returns, improving tenant retention, and increasing overall asset or portfolio ROI.

Learn more
Total Workplace

We support you throughout the entire workplace lifecycle, creating a workplace aligned to business objectives, enhancing organisational performance and engaging employees.

Learn more
Global Occupier Services
Helping our clients make intelligent business decisions to get maximum value from the spaces they occupy.
Learn more

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS