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HANOI MARKETBEAT REPORTS

Phuoc Vo • 20/07/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Office: No new projects were completed in Q2 2020. Most of the absorption in the quarter was attributed to new Grade A buildings, while Grade B suffered negative absorption.

Industrial: Total industrial stock remained at over 1,800 ha, unchanged q-o-q and y-o-y. Most existing projects were either fully occupied or had limited vacant land for lease.

Learn more by clicking our most recent Hanoi MarketBeat reports below.

CURRENT MARKETBEAT

Office Buildings CBD
Hanoi Office MarketBeat

The overall occupancy rate remained high at approximately 93%, stable q-o-q and up 1 pp y-o-y.

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Warehouse Internal Rack
Hanoi Industrial MarketBeat

The average rent for industrial land in Hanoi remained the highest among the Northern provinces.

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