Month: October 2019

Ho Chi Minh City, August 2019 – Friendship Tower, the Grade A office building in District 1, HCMC has just completed its roof and proudly announces to the public the topping out on August 8th 2019 and expecting the handover to its first tenants in Q1.2020.

Mr. Nguyen Trong Mai Lam, General Director of CZ Slovakia Vietnam commented, “Our hard work and effort are coming to life with the construction progress on track for the handover to tenants in Q1.2020 to offer a flexible, modern and exceptional working environment in the prestigious location of Ho Chi Minh City. The on time topping out is another milestone to underline our commitment to deliver top quality office building.”

According to a recent report from Savills Vietnam, high-end office space in Ho Chi Minh City is currently 98% occupied, with the slim margin of available space expected to only further decrease in upcoming months. Providing the ideal solution to the extremely limited amount of stock is Friendship Tower. The Grade A office building is expected to be ready for handover to the tenants in Q1/2020 and will offer 13,700 sqm of leasable office space. The building has already attracted the attention of numerous local and international tenants, such as The Executive Centre – the world-class flexible workspace provider with 1,442 sq m of space spanning two floors.

Ms. Tu Thi Hong An, Associate Director – Head of Commercial Leasing, Savills Vietnam said: “Unlike some recent real estate projects in Ho Chi Minh City, that have not been able to commit to their initial delivery time, Friendship Tower is making great strides towards completion. Savills and the building’s future tenants are all very satisfied with Friendship Tower’s progress.”

With the achievement of The Best Office Architecture Vietnam for 2019 by the Asia Pacific Property Awards Architecture and projected LEED Gold Certificate (Leadership in Energy and Environmental Design), Friendship Tower is the perfect destination for dynamic local & international companies.

Property Features:

Grade A Office Building: 21 floors and 4 basements

Certificate: Projected LEED Gold Certificate

The Best Office Architecture Vietnam 2019-2020

GFA: 19.000 sqm & Net floor plate: 723 sqm with Office clear height: 2.7m

Lift: 4 Office lifts with Destination Control, 2 Basement Carpark lifts, 1 Service lift

Facilities: Conference centre facility (560 sq m) with options to split to 4 separate units for meetings and company’s events/activities

Intelligent Building Management System (BMS)

Soft spot provision for potential internal staircase in specific floors

Driver waiting room with private toilet

Building features: Double Glazed Curtain Wall (façade), Raised floor, Acoustic Ceiling with Energy saving LED lights, Spacious Drop off zone for cars and double floor ceiling height Entrance hall

Source: https://vnexpress.net/kinh-doanh/thap-van-phong-friendship-tower-cat-noc-sau-9-thang-khoi-cong-3968591.html

CZ Slovakia’s grade A office building in Le Duan Boulevard, District 1 of HCMC, is scheduled to open to tenants in early 2020.

According to a Savills market report for the second quarter of 2018, the total office space in HCMC had reached almost 1.8 million square meters, a 2 percent rise quarter-on-quarter and 10 percent year-on-year, while average occupancy was steady at 96 percent.

Tu Thi Hong An, associate director of commercial leasing, Savills HCMC, said after over 7 percent grade A rental growth in 2017, the momentum is expected to continue with record growth in 2019 and 2020. It is crucial for office occupiers to carefully analyze their needs, plan ahead and manage future occupancy costs effectively, she said.

The Vietnamese market has the potential to develop more sophisticated office projects in line with global trends, and so the design, standard and functionality of new projects would likely change in the coming years, she predicted.

By 2020 the market is expected to add some 516,000 square meters of new office space.

“Friendship Tower, one of the grade A office buildings, is scheduled to open in early 2020. The 21-storey building is located in a prime location of HCMC and developed by CZ Slovakia Vietnam,” An said.

The building will have approximately 13,700 square meters of prime leasable space and an extremely high level of flexibility in configuration, with office sizes varying from 200 sq.m to 1,450 sq.m of usable space.

According to CZ Slovakia, their first ever development in Vietnam aims to attract western firms doing business in Vietnam and Southeast Asia and also Vietnamese companies doing international business.

Various studies have shown that an improvement in the indoor working environment raises labor productivity.

“Being aware of the materials and installation choices in particular has a direct impact on the indoor environment. Friendship Tower devoted into building an ideal workplace with premium materials,” The CZ Slovakia Vietnam representative said.

Built as a traditional office building, Friendship Tower sets its value with an innovative office concept in terms of design, facilities and technology.

The lobby is preceded by a large atrium surmounted by an extensive cantilevered canopy, a distinguishing element of the building.

According to the company, Friendship Tower will be a LEED-certified green building and the curtain wall will be a high-quality unitized system with advanced double glass units able to reduce drastically solar gain with notable benefits in energy costs.

Vertical transportation from the parking area at the basement level to the entrance lobby will be handled separately by dedicated shuttle lifts. This solution offers the highest level of access control while improving vertical circulation efficiency.

The building will have a smart management service of international standards with 24/7 security guards, high-quality natural stone green wall at the entrance hall, seven passenger elevators and one service lift with destination control, and landscaping.

The building will also have a conference centre and café with F&B services. It is within walking distance of key facilities such as business hotels and serviced apartments, consulates, restaurants and shopping malls, and other important business centers.

“Friendship Tower is set to be the perfect choice for discerning tenants seeking high-quality office space in a prime location of HCMC,” The CZ Slovakia Vietnam representative said.

An said Friendship Tower also matches the DNA of companies, which require a working environment that serves as a place for meeting, collaboration, community building and exchange of knowledge.

CZ Slovakia believes the building will become a new iconic “work hard-live well” destination for HCMC’s professional white-collar workers.

By Phat Dat   November 2, 2018 | 08:00 am GMT+7

Source: https://e.vnexpress.net/news/business/friendship-tower-a-step-up-in-office-building-innovation-3832192.html

Friendship Tower is a Grade A office building with 21 floors invested by CZ Slovakia on the land of around 1,700m2 in the heart of District 1, Ho Chi Minh City.

On the morning of November 1 2018, Coteccons as The General contractor and CZ Slovakia Vietnam Co., Ltd. As the Investor held the Groundbreaking ceremony of Friendship Tower project at 31 Le Duan, Ben Nghe Ward, District 1, Ho Chi Minh City.

At the event, Mr. Nguyen Trong Mai Lam – General Director of CZ Slovakia Vietnam Co., Ltd. shared that this is an important and meaningful project highlighting friendship between Vietnam and Slovakia. Therefore, the enterprise selected Coteccons as the General contractor to ensure the project quality and delivery, compliant with the expectations of the investor.

Mr. Nguyen Ba Duong – Chairman of Coteccons said that this project will mark the long-term cooperation between CZ Slovakia Vietnam and Coteccons in the future.

“As a Construction Contractor, we will make every effort to complete the project on schedule, achieve the best quality, ensure minimise environmental impact and absolute safety during the construction process”, Mr. Duong emphasized.

Friendship Tower is a high-end office building, bringing a modern working space, meeting the criteria of Grade A projects in the center of the city. Located at 31 Le Duan, the project is adjacent to many special landmarks in the City such as the US Consulate, German House …

The building consists of 4 basements and 21 floors, the area of ​​an land of ​​nearly 1,700m2 with Gross floor area ​​about 25,000m2. The design of the project combines traditional architecture of the West and the East.

Thursday, 1/11/2018, 10:25 (GMT+7)

Friendship Tower is expected to be completed in early 2020.