23:42 (GMT +7) - Friday 23/08/2019

Property

JLL Vietnam appointed to manage and lease M Tower in Yangon

Released at: 17:09, 10/07/2019

JLL Vietnam appointed to manage and lease M Tower in Yangon

Photo: JLL

Property a Grade 5-A office tower in the heart of Myanmar hub.

by Ngoc Lan

JLL Vietnam has been appointed sole APAC region Property Asset Management Consultant and Marketing Agent for M Tower, a Grade 5-A office tower in the heart of Yangon, Myanmar.

Located on Pyay Road at the Hledan Junction, the major axis of Yangon, M Tower is being developed by the Mottama Development Group Company Ltd.

The project provides approximately 350,000 sq feet NLA over 26 stories and is scheduled to open its doors in 2020.

Its architecture boasts a state-of-the-art design with high ceilings, column-free floor space, and spectacular floor-to-ceiling double-glazed glass curtain walls that offer an impressive unobstructed panoramic view of the city.

                                                 

M Tower (Photo: JLL)

As Yangon’s first truly smart office building, M Tower is at the forefront of Myanmar’s commercial space arena. Utilizing tomorrow’s technologies to meet today’s demands, the building comes with a building management system that optimizes energy consumption and enhances tenant’s comfort and productivity.

Mr. Stephen Wyatt, Country Head of JLL Vietnam, said the building is one of the most iconic properties along Yangon’s skyline. “We are honored to have been selected for the assignment,” he said. “We expect that the project will enjoy strong demand from both local and international companies seeking a new corporate address in the commercial capital of Myanmar.”

JLL is one of the leading professional services firms specializing in real estate and investment management. It is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and territories, and a global workforce of over 90,000 as at December 31, 2018.

It was recognized with 17 awards at the 2019 International Property Awards, Asia Pacific, held in Bangkok on May 15. The real estate consultancy achieved notable success with Vietnam, Hong Kong, Japan, India and Indonesia winning Best Property Consultancy in the prestigious five-star categories.

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