dhl American Efird

STORIES

DHL eCommerce Vietnam: Searching For Its First Hub

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.

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

Swiss Embassy
Swiss Embassy • Government
Learn More
Global investment bank
Global investment bank • Banking & Finance services
Learn More
ae
American & Efird • Manufacturing
Learn More

RELATED SERVICES

Transaction Management

Managing the leasing, acquisition and disposition of properties achieves the best financial outcome in keeping with your organisation’s long-term strategy.

Learn more
Global Portfolio Administration

Our experts collect, analyse, and transform data into actionable information such as occupancy costs, key lease dates, and inventories by asset type, location, size and, other factors.

Learn more
Tenant Representation

Is your real estate working hard enough to support your business requirements now and into the future?

Whether you want to streamline your portfolio, navigate a rent review, or relocate your company, getting the right property advice from the right people can make all the difference.

Learn more

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.