Vietnam’s Bitexco financial tower attracting S’pore-based firms
Singapore-based companies and multi-national firms are said to be keen to take up space in Vietnam’s tallest building, the Bitexco Financial Tower which was launched over the weekend in HCM City.
The 68-storey tower is the first Grade A+ commercial property in the city. It is expected to meet demand for commercial space in the thriving business district.
“Singapore-based multi-national corporations are among the more than 100 companies which have indicated interest in taking up office space,” according to office-space leasing agents at property consulting firm Colliers.
The companies that have shown interest include foreign banks with regional presence in Singapore as well as insurance companies and accounting firms whose interest amounts to about 75,000 sq m of office space, exceeding the 38,000 sq m of available space in the tower, the agents said.
More than 40 percent of the Bitexco Financial Tower’s space is said to be under negotiation, with workplace solutions firm Regus among interested tenants, leasing 1,000 sq m of space in the building. Several food and beverage companies are expected to take up space in the upper floors of the tower.
Attending the project’s inauguration ceremony yesterday, HCM City’s Communist Party Chief Le Thanh Hai believes the tower “will re-define the future of this city’s commercial space by opening up our local economy to investment from major multinational corporations.”
Category: Business

