Viva Land Group Has Acquired Capital Place, The Award-Winning Grade A Office Building In Hanoi

Hanoi, 24/01/2022 – Viva Land Group, based in Singapore has acquired the Capital Place, the Grade A building in Hanoi and appointed Viva Land Investment & Development Joint Stock Company in Vietnam to be the asset manager for the building.

Located at the intersection of Lieu Giai – Kim Ma – Nguyen Chi Thanh in Ba Dinh District, Capital Place offers 100,000 sqm luxurious and green office and retail spaces with the largest column-free office premises in Vietnam, soundproof raised floor, acoustic ceiling, equipped with 32 high-speed lifts and other high-end amenities.

Capital Place is also known as the first office building in Hanoi to be LEED Gold certified (an international standard certification for green architecture) for its large green spaces and sustainability features.

Sharing about this milestone, Mr. Eddie Lim, CEO of Viva Land Investment & Development Joint Stock Company said: “We are delighted to manage Capital Place as this building is one of the best office developments in Asia of international high-quality. Capital Place not only offers modern spacious working spaces for tenants but also introduces the new trend of Grade A office in the capital market.”

Mr. Eddie Lim also stated that despite the impacts of Covid-19, the office market in Hanoi is seeing numerous opportunities. The shortage in office supply, especially Grade A offices, has been an on-going issue of this market. Moreover, the market has recorded rising demand for high-end and green offices while the supply can hardly satisfy the occupiers’ needs. “Capital Place is a modern international Grade A office complex located in the heart of the city. The building offers large green spaces together with sustainability features and would certainly meet such requirements. Moreover, with our extensive experience in managing and developing best-in-class real estate projects in Vietnam as well as overseas, Viva Land Investment & Development Joint Stock Company will maximize the value of Capital Place to make this development the most desired business community in Hanoi, where growth, sustainability and connection are always valued.”, added Mr. Lim.