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Demand of office space and retail rising

According to CBRE Vietnam, in Q4-2014, HCMC office market operated nicely. Vacancy rate of Grade A and Grade B office towers in 2014 reduced by 1,8pct y-o-y, and leasing prices of Grade A and Grade B ones dropped by 0.1pct and 0.8pct respectively. There is a forecast that the office-leasing business in 2015 will grow following Vietnam economic growth.

Source: Doanh Nhan Sai Gon