Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}
Starbucks-Hanoi-storycard Starbucks-Hanoi-storycard

STORIES

Starbucks Vietnam: Finding A Strategic Spot For Its New Reserve Bar

01 The Challenge

Starbucks wanted to open its Reserve Bar in Ho Chi Minh City (HCMC) four months after opening one in Hanoi.

For this special concept, Starbucks required the coffee shop to be:

  • A well-ventilated, 500m2 area
  • Easily accessible from the main street
  • A strategic spot in a high-end location

Starbucks approached Cushman & Wakefield to scout properties. Our team represented Starbucks in negotiations with the landlord as well.

02 The Solution

Cushman & Wakefield searched for suitable properties in the Central Business District and found a suitable property in Han Thuyen Street in District 1.

We negotiated with the landlord for two months. Eventually, we were able to seal the deal by finding a middle ground between Starbucks and the landlord.

03 The Results

Starbucks finalised its lease for a 500m2 area in Han Thuyen Street, District 1.

The Starbucks Reserve Bar opened in October 2017. Besides being located in a prime area, the café is also near Notre Dame Cathedral, a popular tourist spot.

Cushman & Wakefield was subsequently appointed as Starbuck’s leasing agency for its business expansion in Vietnam.

Meet the team

John Le, Senior Manager, Industrial & Logistics HCMC
John Le

Senior Manager
District 1, Vietnam


+84 (28) 38237968

Download VCard

Thuan Nguyen
Thuan Nguyen

Head of Tenant Representation
District 1, Vietnam


+84 909 880 460

Download VCard

Huy Phung
Huy Phung

Senior Leasing Executive
Ba Dinh District, Vietnam


+84 (28) 38237968

Download VCard

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

dhl
JYSK • Real Estate
Learn More
dhl
JYSK • Real Estate
Learn More
Harley-Davidson-storycard
Harley Davidson • Retail
Learn More

RELATED SERVICES

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
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
Industrial Tenant Representation
Tenant representation is a core service the Industrial Department of Cushman & Wakefield (C&W) provides.
Learn More

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS