dhl American Efird


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

Son Dang

Senior General Accountant
District 1, Vietnam

+84 28 3823 7968 x111

Download VCard

Chi Tran

Research & Consultancy Manager
District 1, Vietnam

+84 28 3823 7968 x145

Download VCard


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

Related Stories

ILA Education • Education Services
Learn More
Asian Development Bank
Asian Development Bank • Banking & Finance services
Learn More
HAGL in Myanmar: Increasing Occupancy Rate To More Than 90%
Hoang Anh Gia Lai • Real Estate
Learn More


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
Capital Markets

Are you ready to take your commercial property portfolio to the next level? Fuelled by ideas, expertise, and commitment, our global capital markets platform advises institutional and private owners of real estate on the execution of some of the most significant transactions across the globe.

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


Get in touch with one of our professionals.