Ho Chi Minh City office tenants looking for green buildings


Ho Chi Minh City, Vietnam, on Sunday, February 25, 2024. Photographer: Maika Elan/Bloomberg

HO CHI MINH CITY: Tenants in Ho Chi Minh City are increasingly looking for green offices with good amenities that provide a clean working environment for their employees, according to Savills Vietnam.

To meet this need, developers have built many green, environmentally friendly office buildings.

Vietnam is considered a potential destination in the flexible office trend, and has a large number of small and medium-sized enterprises and startups who prioritise renting green offices.

Owners of these businesses often do not use traditional offices, and so co-working spaces have been widely developed.

Employees too now prioritise working for businesses with flexible workspaces.

Vietnam has committed to achieving net-zero emissions by 2050, which will influence the trend of leasing office space that meets green standards such as LEED and Green Mark in future.

Considered a top project in Ho Chi Minh City that can meet the strict evaluation criteria of Singapore’s Green Mark standard, the UOA Tower office building in District 7 provides tenants with a green space with a sustainable and user-friendly design.

It has 23 floors and four basements with a total usable area of up to 28,464 sq m, with units of 150 to 1,000 sq m to meet all rental needs.

According to Savills, Vietnam is achieving progress in green building certification, and currently has 20 LEED or Green Mark-certified office buildings, 17 in Ho Chi Minh City and three in Hanoi.

Elke Kornalijnslijper, head of sustainability consulting, the Asia-Pacific, said 87% of real estate occupiers surveyed across the Asia-Pacific are targeting 100% green certified portfolios by 2030.

Experts said that today, leasing offices in green-certified buildings is gradually becoming normal and even a must-have criterion for most tenants in Asia-Pacific.

Many businesses’ net-zero emissions targets are now driving decarbonisation strategies across Asia-Pacific office rental portfolios. — Viet Nam News/ANN

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Lotte forecast to face widening losses in 2Q24
Bursa Malaysia likely to trade range-bound with upside bias this week
RCE Cap to benefit from civil servant salary hike
Westports poised to register steady earnings
Press Metal begins supply to China firms
Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures

Others Also Read