Yen Phong 2C ranked in Top 10 potential industrial park real estate projects

This ranking was announced at the "Ceremony to Honor Leading Real Estate Brands in 2023–2024," held on March 15 in Hanoi.

The high-end industrial real estate project Industrial Centre Yen Phong 2C (Industrial Centre YP2C) jointly developed by GELEX Group and Frasers Property Vietnam is located in Yen Phong II-C Industrial Park, Dong Tien commune, Yen Phong district of Bac Ninh province.

The project is planned to build top-quality ready-built factories and integrated ready-built warehouses, including display areas, offices and production areas.

Each ready-built factory has an area of 1,500–2,500 square metres, a high-end ready-built factory has an area of 2,700–3,200sq.m, and an integrated ready-built warehouse has an area of 6,000sq.m. In addition, 7,000sq.m of the project is allocated for relaxation and entertainment to bring the best experience to tenants.

Panoramic perspective of Industrial Centre YP2C project

The project is designed in accordance with LEED certification in applying sustainable building criteria and technology features to increase work efficiency and tenant wellbeing, including the application of environmentally friendly construction materials, natural daylight optimisation, contributing to efficient energy use, increased usage time and reduced impact on the surrounding environment.

The Industrial Centre YP2C project is expected to be completed in the second quarter of 2024, providing high-end ready-built factories and integrated ready-warehouses with flexible designs, ready to meet the unique needs of each customer.

The project as a beginning of the cooperation between GELEX Group and Frasers Property Vietnam, a part of a multinational owner-operator-developer of real estate products and services Frasers Property Group headquartered in Singapore, which is expected to raise industrial parks in the key economic region of Northern Vietnam to new heights.

Industrial Centre YP2C expected to be completed in the second quarter of 2024

Industrial Centre YP2C has been named one of the Top 10 most potential industrial park real estate projects in 2024 after passing the Organising Committee's strict voting criteria such as being a reputable investor with a responsible management board; and being methodically invested and smartly planned with a convenient location for easy connection to economic trade centres, wharves and yards.

The project has a combination of green- and customer-oriented design, operation, and management elements to create a healthy, sustainable, and high-performance working environment.

The enthusiasm of GELEX Group and Frasers Property Vietnam at Industrial Centre YP2C has contributed to creating a new supply of future green buildings, meeting the modern needs of businesses and tenants for a sustainable working environment.

Frasers Property Vietnam and GELEX Group break ground on Bac Ninh project Frasers Property Vietnam (FPV) and GELEX Group jointly broke ground on the Industrial Centre Yen Phong 2C in Bac Ninh province on September 19, to make their first industrial and logistics project in North Vietnam since the signing of a partnership agreement in March.

Frasers Property and Gelex Group announce $250 million deal Frasers Property Vietnam (FPV), one of Vietnam's leading diversified property developers, announced its partnership with local multi-sector investment holding company Gelex Group on March 1 to grow its industrial portfolio and build its presence across northern Vietnam. The combined investment totals approximately $250 million.

Gelex targets making it to Top 20 Vietnamese private businesses After three years of comprehensive restructuring, Gelex has gained outstanding growth in the four key business lines of industry, utility (including power generation and clean water), logistics, and real estate.