Nguyen Alliance muscles up operations

October 30, 2012 | 09:47

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Nguyen Alliance Commercial Real Estate, a real estate consultant based in Ho Chi Minh City, last week further expanded its operation to the capital by setting up a joint service with Hanoi-based Cen Group.

Under a joint service agreement signed last week in Hanoi, Cen Group and Nguyen Alliance Commercial Real Estate (NAC Real Estate) will combine their activities in real estate management and exploitation at the Real Estate Supermarket located in Nguyen Ngoc Vu street of Hanoi.

The companies said they would co-supply high standard management services in real estate sector, including a focus on high-rise buildings.

NAC real estate provides a comprehensive range of brokerage services and value-added business advice in commercial real estate to leading international corporations, institutions and portfolio owners across Vietnam.

Operating in Vietnam since 2006 and headquartered in Ho Chi Minh City, the firm serves major real estate sectors including office, industrial, capital markets and investment, retail, hospitality and corporate services. NAC Real Estate acts as a broker to service tenants, developers, owners, investors, governments and landlords.

John Nhat Nguyen, an overseas Vietnamese and director of NAC Real Estate, said that seven years since coming back to Vietnam to do market research and business he considered Cen Group to be one of the nation's leading real estate services suppliers.

Cen Group now has a dozen affiliates operating in different fields such as brokerage, distribution, management, transaction floor, price evaluation, media and entertainment with a modern transaction floor system stretching from North to south.

Pham Thanh Hung, vice chairman of Cen Group said that the cooperation with NAC Real Estate in real estate management will help both expand and further develop real estate services as a win-win benefit.

By Quynh Chau

vir.com.vn

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