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Nestlé Vietnam: Moving Its HQ To A New Home Nestlé Vietnam: Moving Its HQ To A New Home

STORIES

Nestlé Vietnam: Moving Its HQ To A New Home

01 The Challenge

Nestlé, the world's leading nutrition, health, and wellness company, operates an extensive business in Vietnam. Its headquarters occupies over 2,500m2 of grade B space in E Town 3 Building, an out-of-town office at Tan Binh District near Ho Chi Minh's Tan Son Nhat Airport.

When considering whether it should renew or relocate to a new Vietnam office, Nestlé approached Cushman & Wakefield for advice.

Nestlé requested our team to develop a cost-efficient strategy that fulfils its business requirements. Cushman & Wakefield also represented Nestlé in negotiations with the landlord.

02 The Solution

We prepared a masterplan and started the first phase of construction in December 2018. The first phase includes a 5,000-square metre production facility, a 280-square metre administrative building, and a 2900-square metre canteen. We completed the first phase in just five months. After completing the first phase, we also worked on improving the MEPF (Mechanical, Electrical, Plumbing, and Fire Fighting) works to accelerate production.

03 The Result

Eventually, Nestlé chose Empress Tower and finalised lease for two and a half continuous floors in the building.

Currently, Nestlé enjoys competitive and flexible lease terms for a modern workspace reflective of its brand.

Meet the team

Ngoc Le
Ngoc Le

Senior Director – Head of Commercial Leasing
District 1, Vietnam

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Phuong Vu

Centralised Contract Manager
District 1, Vietnam

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Tam Nguyen
Tam Nguyen

Senior Broker - Tenant Representation
District 1, Vietnam

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WE’RE ON HAND TO HELP

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