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office vacancy rates
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Growing supply to worsen Hanoi’s high office building vacancy rate
A rapid increase in new office space in Hanoi is expected to soon drive the vacancy rate to 30%, property consultancy Knight Frank Vietnam has forecast.
Foreign companies grab new premium office space in HCMC
Grade A office buildings that came into the market last year had high occupancy rates last quarter, with foreign enterprises leasing much of them despite rising rents.
Demand growing for HCMC premium, mid-priced office space
Grade A and B office segments in HCMC saw lower vacancy rates and a number of large lease contracts in the first quarter, real estate consultancy Knight Frank said.
April 8, 2024 | 12:09 am PT
Grade A office vacancy rates 20% in Hanoi, HCMC in 2023
The vacancy rates in grade A office buildings in Hanoi and Ho Chi Minh City in 2023 were around 20% due to oversupply and the economic downturn.
January 12, 2024 | 06:26 am PT