Savills Vietnam appointed as exclusive leasing agent for Alpha Tower

08:00 | 04/05/2021
From end April 2021, Savills Vietnam officially becomes the exclusive leasing agent for Alpha Tower, an office-for-lease project in downtown Ho Chi Minh City developed by Peach Real Estate Co., Ltd.
savills vietnam appointed as exclusive leasing agent for alpha tower
Alpha Tower is located at 151-153 Nguyen Dinh Chieu street, District 3, Ho Chi Minh City

After 11 years of operation, Alpha Tower has been renovated to freshen up with the latest trends of the office-for-lease market. The renovated project connected two adjacent buildings to form a new Grade-B office building with boutique design, modern equipment, and amenities. Alpha Tower features 11 floors and one basement, providing ample space of up to 5,300 square metres of office space for lease.

Situated in a prime location, Alpha Tower leads directly to main roads such as Nam Ky Khoi Nghia, Cach Mang Thang Tam, and Dien Bien Phu. This is considered a golden location as it is only five minutes away from central business districts such as District 1, District 5, District 10, Phu Nhuan district, as well as a series of mixed-use office buildings and five-star hotels, providing tenants with convenient access around downtown area. Above all, Alpha Tower delivers a dynamic, professional, and vibrant working environment for tenants.

savills vietnam appointed as exclusive leasing agent for alpha tower
The signing ceremony between Savills Vietnam and Peach Real Estate Co., Ltd.

At the signing ceremony to appoint Savills Vietnam as the exclusive leasing agent for Alpha Tower, Dao Van Dang, general director of Peach Real Estate Co., Ltd. said that, “The renovation of Alpha Tower at this time is an ambitious and interesting decision. It is not easy to find reputable and capable tenants in Ho Chi Minh City, therefore Peach Real Estate decided to cooperate with Savills, a professional and experienced firm in consulting and brokerage services to seek for capable tenants. We hope that Savills will deliver quality supply of tenants with good finance, brand, and reputation in the market.”

Under the agreement, Savills will provide exclusive leasing consultancy services to help Peach Real Estate fully capitalise on the potential of the project.

Tu Thi Hong An, director of Commercial Leasing at Savills Vietnam said that, “As the office market continues to face challenges with limited supply of office buildings in downtown area, Alpha Tower is one of the very few office-for-lease projects that is put into operation in January 2022. With its strategic location and well-thought design, Alpha Tower will be an ideal office-for-lease option for tenants in Ho Chi Minh City. Savills is very pleased to be selected by Peach Real Estate Co., Ltd. as the exclusive leasing agent for Alpha Tower. We firmly believe that, with the extensive knowledge and experience from Savills Ho Chi Minh City’s Commercial Leasing team, Alpha Tower will achieve numerous successes in the coming time."

During the 26-year journey of development in Vietnam, Savills Ho Chi Minh City’s Commercial Leasing has worked with numerous reputable domestic and foreign partners, each with their very specific requests.

In addition to providing consulting services with set criteria, Savills strives to be a dedicated partner to accompany and ensure the benefits of investors through each period, as well as optimising the transaction efficiency for tenants.

By Kim Hang

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