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Vietnam Property Listing - rent House Villa - Expat Ho Chi Minh - office for lease
Main > Offices > Vincom City Towers
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Our Ref. Numer: 439
Type: Offices
Featured: No

Strategically situated on Ba Trieu, Le Dai Hanh and Doan Tran Nghiep streets, the towers are just two kilometres from Hoan Kiem Lake and close to a busy commercial hub in the city. The 22 storey property was completed at the end of 2004 and provides 28,700 sqm of prime retail space in the six levels podium, two 15 storey office towers of 43,500 sqm each, and two basement levels of 10,000 sqm.

In early 2005, Vietnam's Phuong Nam Co and Envoy Partners Ltd, based in the British Virgin Islands, got the go ahead for their 80/20% 25 year USD8 million Megastar Media Joint Venture, starting operations in the building's 6th floor, with eight cinemas and a total capacity of 1, 100 seats. At the same time, five local commercial banks agreed to bankroll part of the USD$32.9 million Vincom City Tower developed by Vietnam General Commercial Joint Stock Company (Vincom). The six year USD$10 million syndicated loan was granted by the Military Commercial Bank, Vietcombank, the Hanoi Bank for Housing Development (Habubank), the Marine Commercial Bank and the North Asia Bank. Vincom JSC is a Vietnamese joint stock company sgecialising in property development and general trading. Vincom is a member of the investment group, who recently opened a 500 room hotel, VinPearl Resort and Spa on Hon Tre Island in Nha Trung, Khanh Hoa province.

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City/Province: Ha Noi

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The information contained herein is believed to be true but does not form part of any future contract. Although obtained from sources we deem reliabel, we assume no responsibility and no warranties are made or implied regarding any errors, omissions, prior sale or withdrawal from the market without notice and the purchaser will need to make their own enquiries and independent investigations as to the facts and suitability of the property for their intended use or purpose.
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