Vietnam, 3rd April 2017 – CBRE is pleased to announce the appointment of Ms Hang Dang (Hang) as Managing Director, CBRE Vietnam. Hang joins CBRE on 3rd April 2017, having spent the last 23 years in various leadership positions in real estate firms. Hang spent the last two years in Vingroup, one of Vietnam’s top property developers where she was Deputy Managing Director of Vincom Retail and directly responsible for growing sales revenue of the company. She began her real estate career in Richard Ellis in 1994 and handled research, consultancy and brokerage until 1998. She later took on the Managing Directorship at Cushman & Wakefield’s Vietnam operations.
Hang assumes the role as Marc Townsend steps down from CBRE Vietnam to focus on CBRE’s affiliate operations in Cambodia. Marc has played a key role in expanding CBRE’s presence in South East Asia since the early 1990s. He set up the office in Manila in 1995 and the Vietnam operations in 2003. Over the last 14 years, he has built up a team of real estate professionals handling property sales and leasing, valuation and advisory services, brokerage services, specialty services including residential project marketing, leasing, Japan desk, asset services, project management, research and consulting.
Hang will be responsible for CBRE Vietnam’s business across offices in Ho Chi Minh and Hanoi as strategic advisors to investors, occupiers and developers across the residential, commercial and the industrial and logistics markets. Hang will service the real estate property requirements of the many multi-national corporations with a presence in Vietnam.
Pauline Goh, CEO, Singapore and South East Asia, CBRE said “We are grateful for the many years of dedication Marc has put into building up the CBRE brand in our South East Asia footprint. CBRE has earned a solid reputation in Vietnam as a leading real estate firm and much of that success is attributed to Marc’s leadership through these last 14 years. We look forward to his continued involvement in our affiliate operations in Cambodia which will certainly benefit from his leadership. Hang takes over the reins at a time when opportunities abound in Vietnam’s real estate market with investors, foreign retailers and multinational corporations looking to this emerging market to expand and grow. We are excited that Hang has joined us to take CBRE Vietnam to the next level.“
Hang said “Vietnam is high on the radar of property investors, according to CBRE’s 2017 poll of investor clients. Investors are attracted by the market’s strong economic fundamentals which are driving rental value growth and the attractive risk/ return profile. Its retail market has attracted more foreign brands planning to use Vietnam to grow their presence in Indochina. The outlook for Vietnam’s office market remains very positive with strong demand from occupiers looking to expand in newly completed office developments. CBRE is very excited to be part of this growth trajectory.”
In response to Vietnam’s increasingly sophisticated hospitality sector, CBRE Vietnam recently launched its Hotels service line, providing clients strategic advice on operator selection, valuation and advisory, feasibility studies and consultancy services. On the sustainability front, CBRE Vietnam has been appointed to assist Phu My Hung to attain LEED Certification.