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Hanoi - A case for Embassies & Governmental Organizations: ‘Capital Place or Villa?’

In recent years around 10 Embassies/governmental organizations have relocated from villas to more modern office buildings.

In addition to this the Hanoi market has seen a shift in the relocation pattern with these organizations increasingly relocating to the Mid-Town and Western districts. Facilities management in these old French colonial style villas can be very challenging as general maintenance tends to be problematic and costly.

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Around 10 Embassies/governmental organizations have relocated to more modern office buildings

The specifications and security requirements of Embassies are of paramount importance when reviewing a potential Relocation vs Renewal scenario. 

Since Capital Place has been introduced to the Hanoi Office Market several Embassies have re-evaluated their current situation. According to the embassy personnel, that have already conducted thorough site tours the project, Capital Place is superior in relation to their strict requirements.

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Capital Place is superior in relation to strict requirements.

This office building is the first to be LEED Gold certified in Hanoi which is a very beneficial addition for new tenants to experience.

Handover will be available as early as July 2020 and, now that the Façade is almost complete, it’s easy to envisage the prestige of this project.

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