Green office to become major trend: experts

Investors have paid greater attention to sustainable construction in real estate, especially green office, to satisfy the new requirements of tenants, according to experts from Savills Vietnam.
Green office to become major trend: experts ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – Investors have paid greaterattention to sustainable construction in real estate, especially green office, tosatisfy the new requirements of tenants, according to experts from SavillsVietnam.

They predicted that by 2025, green office willbecome a major trend. Hoang Nguyet Minh, Commercial Leasing Director of SavillsHanoi, said that from now to 2024, at least six office projects will receivegreen certificates.

Nguyen Le Dung, Director of the Hanoi Office of Viva Land, said the COVID-19 pandemic with unpredictable impacts has made tenants paymore and more attention to the quality of the building and the benefits in spaceit brings.

Green has become an indispensable requirement in the currentoffice space design. In addition, the requirements for workplace has gone beyond space and extended to issues of health, sustainability and diversity ofworking methods, she said.

Ong Khing Wee, Deputy General Director of Viva Land, said thatchanges in the viewpoints of businesses and employees about workspaces havecreated opportunities for green buildings. The green office trend will continueto grow because of the increasing demand from investors and businessesthemselves, he asserted.

Savills’ statistics for the Hanoi market showed that leasingactivities of the office segment have grown strongly, mostly from the vigorous economic development of the capital city with GDP expansion of 15.7% in thethird quarter and sustainable FDI inflows.

Currently, the total office supply in the Hanoi market isabout 2.13 million sq.m, coming from 189 projects, down 1% quarter on quarterafter two buildings stopped leasing.

Savills Vietnam forecasts that the supply in the non-CBDarea from 2023 to 2025 is likely to be quite abundant with about 699,000 sq.mfrom 19 new projects, mostly in the city’s western region./.
VNA

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