Nestle – Warehouse Hunting For A Logistics Hub
01 The Challenge
On its mission to establish a new logistics hub in Southern Vietnam, Nestle was in search of a massive warehouse facility measuring 32,000 m2 GFA.
The client also required professional advice throughout the bidding and lease agreement processes. .
Other firms were unable to carry out such build-to-suit (BTS) transactions. As a result, the Cushman & Wakefield team was retained to find and the perfect site for construction of a state-of-the-art facility. .
02 The Solution
Through our property consultation services, Nestle was able to get the right BTS site as per their requirements. .
Our team analysed the Vietnamese warehouse market, and reviewed all available built-to-suit opportunities. We supported our client through a competitive bidding process, and ensured a favourable outcome while negotiating lease terms. .
The entire project was carried out within the given timeline, and as per the client deliverables.
03 The Results
The resulting deal structure provided the client competitive rental terms and lease flexibility. Such a deal was unprecedented within the local market, and set the local benchmark for build-to-suit projects.
Throughout the project, we were able to meet the client’s timeline and goals. .
Our partnership with Nestle resulted in the construction of the first warehouse in Vietnam that followed European and international standards.
Meet the team
WE’RE ON HAND TO HELP
We support you throughout the entire workplace lifecycle, creating a workplace aligned to business objectives, enhancing organisational performance and engaging employees.