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Property

Thai Square office building to open in October

Released at: 08:53, 18/08/2018

Thai Square office building to open in October

Photo: CBRE Vietnam

Building the latest of Grade A standard in Hanoi's CBD.

by Ngoc Lan

The Thai Square office building is expected to be completed and open in October.

Located in 17 Tong Dan Street in Hanoi’s Hoan Kiem district, the building is managed by the Ton Dan Hanoi JSC, a subsidiary of Thaigroup.

In the heart of Hanoi, Thai Square is only 500 meters away from Hoan Kiem Lake and 300 meters from the Hanoi Opera House, in an area commonly referred to as the city’s financial district. Major landmarks in the proximity include the Sofitel Legend Metropole Hanoi Hotel and the Hilton Hanoi Opera Hotel, among others.

This is the latest office building of Grade A standard in Hanoi’s CBD. The building comprises 22 floors of office space and four basements with a net leasable area of more than 25,000 sq m.

It has two entrances, of which the main entrance is on Tong Dan Street and the auxiliary entrance on Tran Quang Khai Street. The project boasts some of the highest specifications, including nine high-speed Hyundai elevators of 4m/s, a chiller system from Trane (US) with the world’s leading advanced control technology and energy savings, and a BMS intelligent building management system.

The building has a modern exterior and advanced facilities and equipment, providing a professional, international standard, and efficient workspace that makes it an ideal place for domestic and foreign businesses.

CBRE Vietnam was officially appointed the property management agent and the marketing and leasing consultant for Thai Square at a signing ceremony on August 16.

Ms. Dang Phuong Hang, Managing Director of CBRE Vietnam, said it is extremely proud to be appointed Lead Consultant for the operational management, marketing and leasing activity for Thai Square. “We believe that with a wealth of property management experience, deep understanding of market requirements, strong network of tenants and occupiers, and a professional and dedicated team, CBRE will strengthen the position of Thai Square under the increasingly competitive market conditions in Hanoi, making it one of the top choices for discerning local and international companies doing business in the center of Hanoi,” she added.

Thaigroup is a large, multi-industry private corporation with operations around Vietnam. It is currently investing in the Kaito Cement Plant in southern Binh Phuoc province and the Thai Cement Ha Tien Cement Plant in the Mekong Delta’s Kien Giang province, with capacity of up to 4.5 million tonnes per year in each. Thaigroup is also the owner of the Phu Quoc Enclave Resort Complex, on a total area of 352 ha in Bai Thom, Phu Quoc Island, and Ngoc Island, with a total area of 240 ha, in central Quang Ngai province.

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