CBRE Becomes The Lead Agent For Emergent Le Minh Xuan 3 Logistics Center

Vietnam – April 6th, 2023

On 6th April 2023, the signing ceremony between CBRE Vietnam and Emergent Capital Partners took place successfully with the participation of the representatives from two companies. CBRE Vietnam has officially been appointed as the Lead Agent for Emergent Le Minh Xuan 3 Logistics Center at Le Minh Xuan 3 industrial park, Binh Chanh district, Ho Chi Minh City.

Emergent Le Minh Xuan 3 Logistics Center has a prime position with the convenient connection to 4 provinces - Long An, Binh Duong, Tay Ninh, HCMC through HCM - Trung Luong Highway, Route 1A, Route 22 and Provincial Road 10, with a travel time of approximately 60 minutes to localities, which helps to quickly circulate goods to production centers and residential areas.

The project is designed to meet the highest standards and requirements in terms of operational efficiency, optimal logistics conditions for distribution centers about e-commerce, retail, last-mile delivery, etc. The warehouse has a flexible leasing area from 5,000 to 15,000m2, with single-dock and cross-dock warehouse, equipped with standard and automatic fire protection systems, and especially the spacious yard for transportation operations.

Speaking at the ceremony, Ms. Hang Dang, Managing Director, CBRE Vietnam said, “CBRE is very proud to be appointed by Emergent Capital Partners as the Lead Agent for Emergent Le Minh Xuan 3 Logistics Center. I believe, with our extensive experience and understanding about the needs and trends of the industrial real estate market, CBRE will contribute to bring great success to this project.”

2023 marks the 20-year milestone of CBRE’s development in Vietnam. CBRE continues to be the top-ranked real estate company on Fortune’s 2023 World’s Most Admired Company roster. This is the fourth time in the last five years that CBRE has been named Fortune’s Most Admired Real Estate Company and the 13th consecutive year that the company has made this prestigious list.

In addition, CBRE was the globally leading firm in commercial real estate investment sales globally during 2022, according to MSCI Real Assets. This is the 12th consecutive year that CBRE has claimed the top spot. According to MSCI Real Assets, CBRE held 23.4% market share in all property types across the globe in 2022 and also took the 1st position in the global rankings for the five largest asset classes - office (25.8%), industrial (31.3%), retail (23.5%), multi-family (17.8%) and hotel (20.0%).

CBRE also won Lipsey’s “Top Real Estate Brand” award for the 22nd consecutive time and was honored to be awarded “Brand of The Year” in the Real Estate Services category by World Branding Awards. The World Branding Awards is an international award presented to global and national brands for their achievement in branding. More than 3500 brands from over 45 countries were nominated for the 2022 - 2023 World Branding Awards across multiple categories.