Realty giant hits landmark of 15 years in local market

April 02, 2018 | 16:14
Active in Vietnam’s real estate market since 2003, the bold, dark green logo of CBRE has earned the trust of every investor, developer, and customer that has had business with the professional consultancy firm.
realty giant hits landmark of 15 years in local market
CBRE has gone from strength to strength in Vietnam, earning it a reliable reputation

2018 is an important milestone for CBRE, marking 15 years in Vietnam’s real estate market. This significant achievement not only reflects the development of Vietnam’s real estate market itself, but is also an affirmation of the firm’s position in the market.

Effective and positive business

According to CBRE Vietnam’s managing director Hang Dang, the firm has witnessed the ups and downs of the market over the past 15 years. However, the company has accomplished great success with a steady growth rate, based on the professional expert team, outstanding resources, and spot-on analyses from not only Vietnam but around the world.

CBRE currently features a full-service brokerage team in all areas of residential, office, retail and industrial real estate. With many years of experience in the field of brokerage recognised by a series of awards in the country and internationally, CBRE is always trusted by domestic and foreign customers.

In addition, CBRE also has a team of market research and investment advisors, including the most experienced researchers in Vietnam, working in three major offices in Ho Chi Minh City, Hanoi, and Danang.

With a diverse background regarding education and expertise, the team is assigned to a variety of positions, from financial analysts, market research specialists (both in desk and field site), forecasting experts, real estate professionals, editors, and publishers. In addition, the market research and investment advisory department of CBRE Vietnam has also accumulated valuable collaborative experience with other CBRE offices in the region. CBRE’s valuation consultancy team, meanwhile, is comprised of an international management team supported by highly qualified and experienced domestic consultants with extensive knowledge on global markets.

Furthermore, CBRE is one of the world’s leading asset management companies, managing more than 350 million sq.m of commercial, retail, residential, and industrial properties in North America, Europe, and Asia Pacific. In Vietnam, CBRE currently manages more than 1.3 million sq.m of retail and residential space.

CBRE is also the first real estate consulting firm to conquer other markets besides Hanoi and Ho Chi Minh City, such as Danang, Nha Trang – even stretching to the markets of Myanmar.

A newly-established division for sustainable development consulting services provides consulting and implementation services for sustainable strategy and green- building solutions.

To meet the growing demand in Vietnam, CBRE has also launched a division for hotel services and residential leasing services in early 2017, providing strategic consultation and appraisal services in the sector to investors.

“We are proud of the successful services which we provide to our customers. We will do our best for the development of CBRE Vietnam and hope to achieve more achievements in the near future,” Hang said.

Recognised by the market

For the continuous efforts of CBRE’s team, the company has been honoured with a number of prestigious awards inside and outside the country.

Among those were the Asia Pacific Property Awards, where CBRE was honoured as the best real estate agency and best lettings agency in Vietnam. CBRE was also honoured as the best real estate consultant, best valuating agency, and best research team for the sixth consecutive year at the Real Estate Awards Euromoney.

Fifteen years is not a long time for a company, but it is an important milestone, affirming the position of CBRE in the real estate consulting and appraisal brokerage market. With the advantages of market knowledge and a team of experienced professionals, CBRE is expected to continue to reach ever higher in Vietnam’s real estate market.

By Bich Ngoc

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