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Indochina Kajima launches Core5 Vietnam, a best-in-class industrial brand from the US

Đưa thương hiệu công nghiệp Hoa Kỳ đến Việt Nam

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Vào ngày 6 tháng 7, Công ty Indochina Kajima Development, một liên doanh giữa Indochina Capital và Kajima Corporation, đã ra mắt Core5 Việt Nam – một nền tảng đầu tư và phát triển bất động sản công nghiệp tại Việt Nam tập trung vào việc triển khai trên toàn quốc các khu nhà xưởng và nhà kho đẳng cấp thế giới cho thuê. Sản xuất và hậu cần chủ chốt của Việt Nam

Đưa thương hiệu công nghiệp Hoa Kỳ đến Việt Nam

VN Owned by Kajima Corporation, Core5 Industrial Partners is a US-based industrial real estate property company with expertise in the development of class-A properties featuring the latest innovations from the United States. Headquartered in Atlanta, Georgia, Core5 has development activities in core markets and has expansion plans for additional key logistic hubs throughout the country. Some tenants of Core5 Industrial Partners include Amazon, Walmart, Home Depot, Duracell, UPS, DSV, American Standard, and Toshiba. Following the success of Core5 Industrial Partners in the United States, the Core5 brand is expanding into Vietnam, one of Asia’s fastest-growing manufacturing and logistics hubs. Commenting on the market opportunity presented by Vietnam’s burgeoning manufacturing and logistics sector, Keisuke Koshijima, representative director and executive vice president of Kajima Corporation said, “From a global perspective, Vietnam is one of the world’s fastest-growing economies and is underpinned by strong fundamentals, namely a large, young, and growing population. A key to the country’s economic rise within the region is the manufacturing sector which accounts for over a third of Vietnam’s overall GDP and the outlook is attractive given the supply chain shift from China which has led to several prominent manufacturers relocating to the country.”

The launch of Core5 Vietnam marks the first industrial venture from Indochina Capital, one of Vietnam’s leading real estate development and investment firms. Peter Ryder, Indochina Capital’s CEO, said at the launch event: “Indochina Capital has been operating in Vietnam for over two decades, and has developed iconic and pioneering projects across Vietnam, such as Four Seasons Nam Hai, Six Senses Con Dao, Hyatt Regency Danang, Indochina Plaza Hanoi, and the Wink Hotels brand. With the same commitment to innovation, sustainability, and value creation we have applied to our past projects, Core5 Vietnam plans to roll out a collection of exceptional industrial assets across Vietnam’s key manufacturing markets. Our belief in the market opportunity presented by the industrial sector in underpinned by our long-term vision to invest US$1 billion into this sector over the next 5-7 years.”

VN Setting international standards for Vietnam’s industrial project

“We understand that our relationship with tenants, clients, and partners is much more than simply leasing space, it’s a partnership and we plan to draw on Indochina Kajima’s experience in the hospitality sector to offer unparalleled services.”

Core5 Vietnam plans to roll out factories and warehouses for lease in current and up-and-coming manufacturing and logistics hubs throughout Vietnam. The firm’s current portfolio covers 90ha of land including 7 projects in North Vietnam and 1 project in the South Vietnam. At construction completion, these assets will comprise a total net leasable area of approximately 700,000m2 and will amount total investment cost of nearly US$450 million. Core5 Vietnam’s first project in Vietnam, located in a prime location within Deep C Hai Phong 2, will offer nearly 96,000m2 of net leasable area to the market. Construction of this project will commence in July 2022 and handover of the first factories will bae in Q1, 2023.